"For reasons of age, the owner has decided to sell the properties in a sought-after residential area of Krefeld-Cracau and has commissioned Aengevelt exclusively with the sale. Extensive property and location analyses of our company revealed considerable value creation potential. In addition to a high level of rental security for the existing apartments due to the generous plot area, the property offers the possibility of realizing new residential construction in the four-digit square meter range. Accordingly, a targeted approach was made to customers with a corresponding investment profile, including the willingness and competence to drive forward a sustainable and future-oriented development of the site. The buyer, a local investor who meets exactly these requirements, recognised the potential of the property on the basis of his local and market knowledge and has resolutely secured it," explains Fabio Mata from the Investment & Development team at Aengevelt Düsseldorf, adding: "With the sale, Aengevelt is creating a win-win-win situation: the seller achieves an attractive sales price, the buyer acquires a sustainable investment with value appreciation potential and the In view of the high demand for housing in this location, the district will receive an important expansion of the rental housing supply."
