Leipzig: Kondor Wessels sells residential project to Quantum
Quantum Immobilien Kapitalverwaltungsgesellschaft is acquiring the residential building project “Strietz” in Leipzig’s Stötteritz district from Kondor Wessels. The new building will be constructed on a 3,560 sqm site located between Ferdinand-Jost-Straße, Breslauer Straße and Holzhäuser Straße by the spring of 2022. Plans are for six residential buildings with 112 apartments and 7,300 sqm of living space. The acquisition was made for an individual fund launched by BNP Paribas REIM Germany. The seller was advised by the law firm Bornheim und Partner. The buyer was advised by Jebens Mensching.
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