Montano Real Estate GmbH, a Munich-based investment specialist in commercial real estate, has expanded its portfolio with the acquisition of a prime training and administration complex in Duisburg-Großenbaum. This purchase was made for the Montano Public Sector Fund I, reinforcing the company’s focus on properties leased to public sector tenants.
Property Details
- Location: Duisburg-Großenbaum, southern Duisburg district
- Leasable Space: Approximately 5,500 square meters
- Site Area: Around 9,200 square meters
- Parking: 260 parking spaces
- Year Built: 2002
- Recent Upgrades: Modernized in 2023/2024 as part of tenant improvements
Strategically positioned, the property is just a two-minute walk from the Duisburg Großenbaum S-Bahn station and only 850 meters from the A59 motorway. This ensures excellent connectivity to both Duisburg and Düsseldorf city centers, as well as Düsseldorf Airport.
Long-Term Lease & Stability
The complex is leased to the Duisburg Study Institute until 2034, securing a stable and long-term income stream. Additionally, the lease agreement includes annual indexation, ensuring the investment remains protected against inflation.
Investment Strategy & Market Impact
Montano’s acquisition aligns with its focus on public social infrastructure, a resilient asset class, especially in volatile market conditions. Duisburg currently faces high demand for educational facilities, with existing capacity constraints in both secondary and primary schools. This acquisition presents future development opportunities to support regional educational needs.
Financial Insights
While Montano has not disclosed the exact purchase price, comparable transactions provide context. For example, in March 2022, Montano acquired the Duisburg Central Office (DCO) in Quartier 1 near Duisburg Central Station. This five-story property, with 11,400 square meters of lettable space and 50 underground parking spaces, was purchased from Aurelis Real Estate in a high double-digit million-euro range. Given the Duisburg-Großenbaum complex’s characteristics, its purchase price is estimated in the mid to high single-digit million-euro range.
Conclusion
Montano’s latest acquisition in Duisburg further strengthens its portfolio of long-term, public sector-backed assets. With stable lease agreements and a growing need for educational infrastructure, this investment ensures consistent returns and strong future potential.