Hardtstraße 4-10/1

A residential complex built in 1989 with 77 units in Heidelberg-Kirchheim, leased to the City of Heidelberg

Year Built

1989

Rental Space

3.389 m²

Units

77

Acquisition

2025

Municipal master tenant with an index-linked, tiered lease agreement through 2034

The property at Hardtstraße 4-10/1 is located in the Kirchheim district in southwestern Heidelberg, in close proximity to tram lines 5, 22, and 23, as well as bus lines 20 and 33, which provide direct access to downtown Heidelberg and the university campus. Built in 1989, the residential building—with 3,389 m² of usable space on a plot of approximately 4,181 m²—is used to provide municipal housing for people in need of housing. The KOEHLER GROUP acquired the property in November 2025 from Süddeutsche Wohnen GmbH.

The City of Heidelberg is the sole tenant under a master lease agreement valid through May 2034. The contractually fixed graduated rent increases by 3% annually, ensuring a steadily growing and municipally guaranteed cash flow.