Quadoro had previously acted as advisor to the seller, Vestinas Vermietungs GmbH, on the acquisition of the property in December 2019 and assisted with the upgrading and modernisation of the building.

Located in the centre of Delmenhorst, the property was completed in 2012 and has a lettable area of around 3,200 m² and 78 underground parking spaces. The total usable space is distributed over three full floors above ground and a basement. The property is fully let. Tenants include various doctors’ surgeries and companies from the healthcare sector.

Axel Wünnenberg, Managing Director of Quadoro GmbH, commented on the transaction: "We are delighted with the successful conclusion of the sale and look forward to working with Vestinas on further projects. The sale was preceded by Quadoro optimising letting and upgrading the building through various conversion work."

More information on Quadoro GmbH can be found on the website www.quadoro.com.