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Pension funds buy two residential complexes in Leipzig
The Ärzteversorgung Niedersachsen and the Ärzteversorgung Sachsen-Anhalt have purchased two residential complexes with a combined total of 139 units on Goldschmidtstrasse in Leipzig. The Niedersachsen fund has acquired the "Goldschmidt 10” complex, which includes 87 apartments and 100 underground parking spaces, and which was completed by Josi GmbH and PDW Projekt last year. The Ärzteversorgung Sachsen-Anhalt is buying 52 apartments, to be erected on a 2,250-sqm lot by Immobilienwert Sachsen and ready for occupancy in 2020, in a forward deal. Altogether the two properties comprise 14,000 sqm. The buyers were advised in legal and tax matters by Luther Rechtsanwaltsgesellschaft. This was both pension funds’ entry into the Leipzig real estate market; further projects are being examined.
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