Domicil Real Estate AG has acquired the “Trio Verde” residential complex in Bergisch Gladbach, near Cologne, from Wertgrund Immobilien AG. The complex comprises 88 flats in three buildings with a total of 6,988 m² of living space, as well as 83 car parking spaces. Around 95 per cent of the flats in the complex are let.
The buildings at Wilhelmshöhe 3, 4 and 6, constructed in 1969, stand on a plot of land measuring approximately 13,700 m². The flats have an average size of 79 m²; 58 units have already been fully refurbished, whilst 12 flats have been partially refurbished. The buildings have energy efficiency ratings of C and D. Domicil plans to market the flats individually.
“The high occupancy rate, the level of modernisation and the sought-after location in the Cologne metropolitan area are well aligned with our privatisation strategy, which we intend to drive forward at an accelerated pace through our latest capital increase,” said Daniel Preis, CSO of Domicil Real Estate AG.
In 2026, Domicil further strengthened its financial base and successfully completed a capital increase of ten million euros. With the acquisition in Bergisch Gladbach, the company is continuing its acquisition activities in its core business of residential property privatisation, following the purchases already made this year in Berlin and Hürth.
The Newmark Capital Markets Living Team advised the seller on the transaction and acted as broker for the sale. The parties have agreed not to disclose the purchase price.
