Silverton sells two properties in North Rhine-Westphalia

Frankfurt, 13. Mai 2025 – Silverton Asset Solutions GmbH (“Silverton”), part of the Silverton Group, in its capacity as asset manager, has sold two properties from a portfolio in North Rhine-Westphalia. The parties have agreed not to disclose the purchase price.
The first property is located at Hindenburgstrasse 304–306 in Mönchengladbach and was acquired by a family office from southern Germany. Built in 1992 and modernised in 2007, this mixed-use building comprises around 3,750 m² of rental space, including offices, medical practices, residential properties, a dance studio and retail space.
Through active asset management, Silverton successfully leased around 1,780 m² to new tenants and renewed contracts for around 570 m² with existing tenants. As a result, a WALT of more than ten years was achieved at the time of sale, and the occupancy rate increased to over 65 per cent. The property also offers attractive potential for value appreciation through the letting of the remaining available units.
The second property to be sold is an office building located on Formerstrasse 49–51 in Ratingen. The buyer is an international investor. The property, which is currently vacant, has a total lettable area of around 4,600 m². Completed in 1990, it stands on a plot of around 3,800 m². Silverton recently obtained a favourable preliminary building permit for hotel use.
“These deals demonstrate that successful sales strategies can be implemented even in challenging times through creative and active asset management and targeted market access. Successful solutions can be developed even under difficult conditions with innovative approaches and in-depth knowledge of the market,” comments Sebastian Steinert, Managing Director of Silverton and Head of the North Rhine-Westphalia office.
Osborne Clarke Rechtsanwälte Steuerberater Partnerschaft mbB provided legal advice to the sellers in both transactions.
The properties in Ratingen and Mönchengladbach were part of a portfolio comprising almost 40 properties in total, which originated from a restructuring situation. Silverton has successfully managed and sold the majority of this portfolio in recent years.