Gießen

Gottlieb-Daimler-Straße 27
35398 Gießen
  • Asset Class

    Retail

    Year of acquisition

    2015
  • Property size

    46,467 m2

    Usable floor

    18,379 m2
  • Main tenant

    Kaufland,
    Saturn,
    ALDI

    Fair value

    19,750,000 EUR
The photo shows a department store in Giessen

Property description

The city of Gießen is located in the state of Hesse and has a population of approximately 80,000 people. With more than 250,000 residents in its catchment area, Gießen serves as the administrative centre for the Middle Hesse region. The city is known for its large university that specialises in healthcare and life sciences and has around 37,000 students. The property is located approximately 4 km to the west of Gießen’s city centre in an established business park with a clear focus on retail. The property can be reached by two main roads that connect it with the more affluent western suburbs of Gießen and its more rural communities. In addition to convenient access for customers coming by car via the Gießen ring road, the property can also be reached using local public transport on two bus lines.

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