Insights > Deals
Domicil buys Trio Verde rental estate from Wertgrund
12 November 2026 | Asset acquisition | Germany | 88 units | Operational
The Bergisch Gladbach acquisition extends Domicil’s apartment privatisation strategy in the Cologne region.
Key details
Asset type | Operational |
Location | Bergisch Gladbach, Germany |
Capacity | 88 units |
Buyer | Domicil Real Estate AG |
Seller | Wertgrund Immobilien AG |
Value | Undisclosed |
Source: Newmark
Trio Verde comprises three buildings at Wilhelmshöhe 3, 4 and 6, with 6,988 sq m of residential space. The estate is 95% rented and largely modernised; Newmark advised Wertgrund on the sale.
Strategic context
Domicil raised €10 million of equity in October and had already bought properties in Berlin and Hürth this year. The new purchase continues that programme: its intended exit strategy is the sale of individual apartments, not permanent retention as a rental portfolio.
Existing occupancy can provide income while disposals are phased, and much of the refurbishment has already been undertaken.
SUBSCRIBE TO STUDENT HOUSING INSIDER
Stay close to the student housing market
Subscribe to Student Housing Insider for a weekly update on student housing transactions, development pipeline, market trends and selected BONARD analysis.
Designed for investors, developers, operators, lenders and market participants tracking the student housing sector.