A family office of per invest GmbH, based in Stuttgart, has acquired a multi-use property in a prime location in Stuttgart’s city centre. The six-storey property at Lange Straße 9, between Kronprinzstraße and Calwer Straße, has almost 3,000 m² of rental space and impresses with a balanced mix of uses including restaurants, offices, retail, practice areas and residential.
The location is characterized by a very high footfall, excellent accessibility and proximity to Königstraße. The seller of the property was an institutional investor who was exclusively advised by Savills as part of a structured sales process. The purchase price was not disclosed.
“The property offers attractive value appreciation potential and is an ideal fit for a long-term buy-and-hold strategy,” explains Tobias Schneider, Director Investment at Savills.
per invest plans to sustainably develop, optimise and expand the property in the future in order to contribute to the responsible expansion of Stuttgart’s city centre location.
