Wednesday, 5 August 2026
Sonar Real Estate has completed the sale of a fully leased office property in Obernkirchen, Lower Saxony, on behalf of a pan-European real estate investment manager. The buyer is a private family office, while the financial terms of the transaction have not been disclosed.
The property, located at Sülbecker Brand 1, comprises approximately 3,800 sqm of office space and has been fully leased to the statutory health insurance provider BKK24 since its completion in 1990.
Sonar acted as asset manager throughout the transaction. The company was advised on the commercial aspects of the sale by Krasemann Immobilien Group, while Clifford Chance LLP provided legal advice.
The transaction follows another disposal completed by Sonar on behalf of the same client earlier this year. That sale involved a fully occupied mixed-use retail and service centre at Äppelallee 110–116 in Wiesbaden, which was also acquired by a family office.
The Wiesbaden property provides approximately 8,650 sqm of lettable space and was completed in 2008. Its tenant mix includes Netto, CleanCar and TEDi. Clifford Chance LLP also advised the seller on the legal aspects of that transaction, while RIKE real estate GmbH acted as the brokerage adviser.
The two transactions reflect continued investor demand from family offices for fully leased commercial properties with established tenants and stable rental income. Such assets continue to attract interest in the German investment market, particularly where long-term occupancy and predictable cash flows provide resilience in a more selective investment environment.
