Erlangen: IC sells retail real estate

IC Immobilien Group has successfully sold one of the properties under its management. The 2,800 square meter retail property at Henkestraße 5 in Erlangen belonged to a real estate investment fund managed by the IC Group. Both private and institutional investors participated in the fund. The IC Group was responsible for representing the interests of the owners, for the commercial management of the property and for the supervision of contracted service providers. The object was co-owned in accordance with the German Residential Property Act. In addition to the co-ownership share, associated private property was also included in the sale. The buyer is FIM Immo GmbH & Co. KG, based in Bamberg.