Magdeburger StrasseSachsen Anhalt
A commercial (office) property acquired in Q2 2015 through a local German company and taken-over in Q3 2015. The property is located at the center of the city of Halle, the largest city in the state of Saxony-Anhalt. The Halle Tower is the tallest office building in the city of Halle. The property was constructed in 1979 and was fully renovated in 1996. The twelve-storey tower has a rentable area of 7,181m².Real Capital has structured the transaction, secured financing, and will manage the property.