Family office invests in Nuremberg residential portfolio

German real estate investment and management firm RQI Immobilien AG (RQI) has arranged and executed the purchase of a residential property portfolio valued at €42 mln in the Nuremberg metropolitan area on behalf of a family office.

RQI

The portfolio, classified within the Residential Value-Add sector, includes six properties constructed between 1957 and 1969, encompassing around 300 residential units and a total lettable area of 22,567 m2.
RQI's Southern Germany branch, located in the greater Nuremberg area, facilitated the transaction. 
RQI targets residential and office investments in prime locations within B- to D-class cities, as well as B-class locations in major cities, emphasizing high value creation in its investments. 
The company aims to maximize value across the entire value chain in collaboration with equity partners through tailored, property-specific value creation strategies, providing services such as conception, acquisition, (re)financing, asset management, project development, exit transaction support, and portfolio restructuring.