Kriftel, 26.11.2021. The real estate consulting firm Steinberg Real Estate + Finance has advised the special AIF “Real I.S. Wohnen I” of the Munich-based investment manager Real I.S. AG on the closing of the financing with a German bank for the acquisition of the residential complex “Knockrabo” in Dublin, Ireland.
Excerpt from the Real I.S. AG press release:
“Completed in September 2020, the residential complex on Mount Anville Road comprises four detached flat blocks of four to five storeys each. The total lettable area of 5,905 square metres is spread over 63 residential units, comprising two- to four-bedroom flats as well as 9 penthouses. The residential complex also includes a total of 93 parking spaces. The property was taken over almost fully let.
Knockrabo” is situated in a popular location in the south of Dublin, approximately seven kilometres from the city centre. In addition to various educational facilities for all age groups, for example one of the best girls’ schools in the Irish capital directly opposite, there are numerous sports and leisure facilities as well as several shopping facilities in the immediate vicinity. This makes the district sought after by individuals, couples and families alike.”
Link to the press release of Real I.S. AG: Link
About Steinberg Real Estate + Finance
Steinberg Real Estate Management GmbH is a consulting and investment company founded in 2017 and based in Kriftel near Frankfurt am Main. Steinberg Real Estate + Finance focuses on the marketing and restructuring of complex real estate and real estate financing throughout Germany. In addition, Steinberg Real Estate + Finance is itself active as an investor in the field of distressed real estate and real estate loans and insolvency claims. The shareholders of Steinberg Real Estate + Finance are the two managing partners Antje Mertig and Michael Schäff. www.steinberg.management
Steinberg Real Estate Management GmbH, Taunusstraße 52, 65830 Kriftel
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