SEIL REAL ESTATE advises on apartment building sales in Wiesbaden

(Frankfurt am Main, March 15, 2023) Even in these times, not standing still, but taking action – SEIL REAL ESTATE (SRE) from Frankfurt am Main, specializing in residential and commercial buildings and project developments, has once again brokered a residential and commercial building in downtown Wiesbaden and advised the seller, a regional single-family office, during the process.

The property, with nearly 1,000 square meters of rental space, is located on Kurt-Schumacher-Ring in Wiesbaden, in the Westend district. It comprises nine apartments, a commercial space on the ground floor, and ten parking spaces. The attic appears to offer further expansion potential.
 
Maximilian Seil, Managing Director of SRE, commented: “These are challenging times. Thanks to our more than ten years of close business relationships, we can precisely target a very creditworthy client base. This is why we continue to successfully complete transactions even now – across all price segments. Furthermore, through our finance division, we were able to arrange suitable financing for the buyer, which is a crucial factor in the current climate.”
 
The buyer is a company from the Rhine-Main region with roots in online marketing. Investment Consultant Can Güclü of SRE handled the buyer's client management and brokered the transaction. The purchase price was in the single-digit millions.