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Office building I Oberhausen, Germany (North Rhine-Westphalia)

The investment is located in the city of Oberhausen, about 30 km north of Düsseldorf, in North Rhine-Westphalia, a federal state in western Germany.

It is Germany's most populous and economically strongest federal state, thanks in part to the Ruhr area with some 5 million inhabitants.

The asset has been occupied by Germany's largest bank, Deutsche Bank, since 2004. It is mainly used for offices and storage, but a housing unit completes the property. The value potential lies in the renewal of the lease from 2023 and in the refurbishment of the apartment, both of which offer potential for rental reversion in the long term.

Key figures

  • 11/2020
    Acquisition
  • 2.440 sqm
    Usable area
  • 3.3 M€
    Investment
Luxembourg
MIMCO Capital S.à r.l. headquarters
Address: 25C Boulevard Royal
L-2449 Luxembourg
Tel: +352 661 988 977
Email: office@mimcocapital.com
Germany
MIMCO Asset Management GmbH subsidiary
Address: Grolmanstrasse 36,
10623 Berlin
Tel: +49 30 810 5661-0
Email: office@mimcocapital.com
France
MIMCO Asset Management S.A.S. subsidiary
Address: 87 Boulevard Haussmann
75008 Paris
Tel: +33 1 44 70 04 36
Email: office@mimco-am.com
Access to MIMCO Asset Management website