Commercial property in Berlin, Germany, 1 097 sq.m

Anchor tenant - Netto supermarket chain, lease agreement until 2040, without the right to terminate until 10.2025. The Netto supermarket chain was created in 1983. The first supermarket was opened in Bavaria. In the 90s, the network began to actively develop, and in 2005 the Edeka brand was added to the network. Netto is considered the largest grocery discounter in Germany. Every year Netto's net profit increases.

Return on investment - 3.4%

Rental income per year current - 176.647 Euros

Location: Berlin is the capital of Germany with a population of about 3.5 million people. The center of political, cultural and scientific life of the country and all of Europe. In recent years, the city has shown constant economic growth. Most Berlin businesses operate in the service sector. The information and tourism sectors are highly developed. Many of the largest German companies have their representative offices in Berlin. Also in the city there are factories of the largest German enterprises, such as Siemens, Osram, BMW. Berlin is a world cultural center. It is a major European transport hub and one of the most visited cities in Europe