Mandate
Sell-side advisory · real estate transaction · 2025
A selected team led by Dr Paul Markus Konrad advised Dr Friedrich-Wilhelm Hillbrand exclusively on the sale of the HILLPARK commercial park at Am Hillpark 1 and 5 in 32584 Löhne. The transaction was structured as an asset deal. The scope covered a property valuation, the preparation and compilation of the property data, managing the due diligence and supporting the negotiation of the purchase agreement. Completion took place in 2025. The terms of the transaction are subject to confidentiality.
Client
The vendor side in profile
The vendor was Dr Hillbrand, who had acquired the site of a former British barracks, converted it into a commercial park and developed and managed it in his own portfolio for more than two decades.
Property
The HILLPARK in profile
The HILLPARK is located in the Gohfeld district of Löhne, close to the boundary with Herford, and is well connected by road. The site measures more than 67,000 m². The buildings date from 1981 to 2014, the two most recent halls of 2,310 m² each from 2009 and 2014. At the time of the transaction the site was almost fully let to more than ten tenants, with a focus among the resident businesses on the reprocessing of recyclable materials. Energy is supplied by a photovoltaic installation of around 360 kWp and a wood-chip heating system.
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