Press release:

JUNIQO Invest Sells Largest Residential Asset Near Leipzig

180-Unit Housing Complex in Bad Düben Fully Let and Sold After Successful Revitalization

Berlin-based transaction specialist and asset manager JUNIQO Invest has successfully sold its largest residential property outside of Berlin to date. Located in Hüfnermark, Bad Düben (district of Northern Saxony), the complex comprises 180 residential units with over 11,000 square meters of rentable space and 34 parking spaces. The property was sold for €10.9 million.

The residential complex was acquired in 2021 as part of a joint venture with a Bavarian partner. At the time of acquisition, around 30 units were vacant. In the years that followed, JUNIQO Invest implemented targeted structural and infrastructural improvements, resulting in full occupancy and a significant increase in rental income.

“This property exemplifies our approach to active asset management,” says Nino Nowack, founder and managing director of JUNIQO Invest. “By investing in residential quality, building structure, and leasing management, we were able to sustainably reduce the previously high vacancy rate. Alongside the substantial increase in earnings, we’re especially pleased with the high level of tenant satisfaction.”

Originally built in 1988, the property is in solid technical condition. In addition to achieving full occupancy, new lease agreements have been signed at significantly higher rental levels over recent years. The buyer is a private group of investors.
Bad Düben is located approximately 150 kilometers south of Berlin and about 30 kilometers north of Leipzig. As a spa town and regional hub between the metropolitan areas, it offers a solid infrastructure and growing housing demand.
With this sale, JUNIQO Invest reinforces its strategy of unlocking substantial value through targeted asset enhancements and selectively passing properties on to long-term investors.

The JUNIQO Invest team consists of experienced senior managers with extensive expertise in the German property market. The strong and reliable network and the various specialisations of the team members form the pillars of the company.

Read the full press release here:
07-28-25 Press release JUNIQO-Invest