Christoph Geißler, Managing Director at IMAXXAM, says: "With this investment, we are strengthening our commitment to stable medium-sized cities with a sustainable investment profile. As a stable office location with a maritime character and proximity to Scandinavia, Flensburg offers very good long-term prospects. The combination of solid building fabric, a diversified rental structure, and a high proportion of public users makes the property particularly attractive to us."

The seven-story multi-tenant building is located in Flensburg's Südstadt district, a predominantly commercial and industrial area of the city. Various companies are located in the immediate vicinity, including creative agencies, innovative service providers, and companies from a wide range of industries, contributing to a diverse business environment. Both the main train station and downtown Flensburg are about ten minutes away by car.

As a university and border town, Flensburg benefits from intensive cross-border trade and goods traffic with Denmark, a dynamic service sector, maritime trade, and tourism. The city has a well-developed infrastructure with connections to the German highway network via the A7, an important north-south link, and to Hamburg International Airport.

The legal and tax due diligence was carried out by Noerr, while the technical and environmental due diligence was performed by W+S Real Estate Services GmbH.