Sustainable redevelopment of existing space
Stuttgart: JW Investment Holding purchases office building in prime situation
- JW Investment Holding has purchased a redevelopment property in an attractive location in the east of Stuttgart.
- The plot of almost 1,200 sqm has two existing buildings with a floor area of around 1,700 sqm.
- The property will be sustainably redeveloped and equipped with state-of-the-art technology and a PV system.
Stuttgart, May 3, 2023 | The owner-operated real estate investment company and family office JW Investment Holding GmbH has purchased a redevelopment property in an attractive location in the east of Stuttgart. The property is located in the immediate vicinity of the “Schlachthof” subway station.
Sustainable and resource-conserving redevelopment of existing space
There are two existing buildings with a floor area of around 1,700 sqm on the plot, which measures just under 1,200 sqm. JW Investment Holding plans to redevelop the property to make it more energy efficient. The property will also be equipped with state-of-the-art technology and a photovoltaic system.
Ecologically-oriented operator of serviced apartments
“I am very pleased to have the opportunity to redevelop existing space at this sensational location in a sustainable and resource-saving way and to find a new use for the property. We have already succeeded in acquiring a very professional and ecologically oriented operator of serviced apartments and signing a 20-year rental agreement”, said Jan Watzl, managing partner of JW Investment Holding.
JW Investment Holding was advised by the law firm Rodewoldt Legal & Consultancy from Stuttgart and the tax consultancy Trewitax from Singen. The property was brokered by E&G Real Estate GmbH from Stuttgart.
About JW Investment Holding
JW Investment Holding is an owner-operated real estate investment company based in Pöcking on Lake Starnberg. The company invests in properties that have been neglected and need to be repositioned and revitalized, as well as new developments.
Company contact
WATZL Group GmbH
Lindenstraße 9a
82031 Grünwald
info@watzl-group.com
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