Ostendstraße 70

The property at Ostendstraße 70 is located in Stuttgart’s Ostend district, a well-established inner-city neighborhood with good connections to Stuttgart’s light rail network and within walking distance of the main train station. The multi-story residential and commercial building features commercial units in the basement and on the ground floor, as well as 22 residential units on the upper floors, which are used as small apartments. The Koehler Group acquired the property in June 2016. Following the acquisition, fire safety measures were implemented with a total investment of approximately 370,000 EUR, including F90 walls and doors, a new ventilation system in the horseshoe-shaped section, and an emergency staircase. The anchor tenant is KIK Textilien, with approximately 1,160 m² of retail space on the ground floor. The annual net base rent has increased significantly since the acquisition.