Noratis AG has successfully expanded its existing property portfolio in North Rhine-Westphalia. The company, which is one of the leading portfolio developers in Germany, has acquired 76 units with total rental space of more than 5,000 square metres in Kamp-Lintfort (Rhine-Ruhr metropolitan region). It was agreed not to disclose the purchase price.

The transfer of rights and obligations has already taken place. Kamp-Lintfort is a business location characterised by very good transport connections and can be seen as a gateway between the up-and-coming Ruhr region and the rural Lower Rhine region. In addition, Kamp-Lintfort is a new university town.

The properties are located in a quiet residential area and are attractive both for students and for young families, with apartment sizes ranging from 35 to 76 square metres.