In early 2012, Peach Property Group acquired an investment property portfolio encompassing 143 apartments and 28 commercial units and situated east of Düsseldorf in the centre of Erkrath-Hochdahl (see related media release). As it is active mainly in the field of real estate development, the company has set the goal of accumulating a portfolio of investment properties that afford a consistent flow of revenues through regular rental income. With the purchase of the Erkrath-Hochdahl holdings, the entire portfolio now has an estimated asset value of CHF 58.0 million and generates annual revenues of CHF 4.6 million.
How does the newly acquired property look in real life? Visitors will find themselves in Erkrath-Hochdahl, midst in a flourishing centre-city quarter: the flats and commercial units are situated around a lively market place where numerous shops offer everything needed for daily life. Cafés and restaurants invite one to linger at leisure. Its extensive infrastructure, diverse population and outstanding transport connections lend Erkrath-Hochdahl a high-quality standard of living. Journalist Tong-Jin Smith took a stroll around town and reported on her discussions with residents as well as her personal impressions and inquiries:
360° panoramic image that provides an impression of Peach Property’s real estate holding at the market place in Erkrath-Hochdahl.