The Leipziger Kommissions- und Großbuchhandel (LKG) was once the most important distribution centre of the book trade in eastern Germany. Under the name LKG-Carré, it will be integrated into a building project with more than 347 apartments, office / retail spaces and an underground car park of 222 parking position.

The location could not be better:  the location close to Johannisplatz, the Grassi Museum and Augustusplatz, near the university, the university hospital and the lively city centre offers not only high quality leisure pursuits, but also benefits from very good infrastructure. Tram transport is available along Prager Straße, retail space and services in the nearby city centre are very good and medical care is excellent. Schools are also nearby.

Project data and key figures
Project details
Sales volume (GDV): 55,000,000 EUR
Total area of the land: 10,550 m²
Area for rent/sale: 24,174 m²
Car parking spaces: 216 216 underground parking
Target rent: 11.00 EUR/m² from 85.00 EUR/m² to 125.00 EUR/m²
Construction period: March 2013 to December 2016
Year of construction: 2015
Object condition: First time use
Heating type: Central heating
Major Energy Carrier: district heating
Energy certificate: no information
Neubau (Bauteil B) - Wohnen
Object type: residential
Neubau (Bauteil C) - Wohnen
Object type: residential
Neubau (Bauteil B) - Laden, Büro
Object type: residential
Denkmal (Bauteil A) - Wohnen
Object type: residential
(Status as of Oct 5, 2018)
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Current status rental and sale
Current state letting

The property is currently in the process of beeing rented.

Current state letting
346 from 347 units are rented
Current state sale

The object was sold turnkey and fully leased to a capital investment company (Versorgungskasse).

Current state sale
351 from 348 units are sold
Property specification - Micro environment / Macro environment


Leipzig, with over 570 thousand inhabitants, is the largest city of the Free State of Saxony and is an important economic hot spot. Highly efficient internationally known companies such as BMW, Porsche, Amazon or DHL appreciate the excellent infrastructure and the location in the heart of Europe at crossroads of traditional trade routes. The over 600 years old Leipzig University is one of the nine German elite universities. Besides, the city has a unique charm. The largest historical and architectural area and the largest inner-city park are only a few superlatives, which can be used to describe this city. Leipzig occupies always the upper positions of international rankings in the area of quality of life as well as in the area of economic dynamics.

Macro environment area: 297 km²
Macro environment population: 570,087
Macro environment population density: 1,913 Einwohner je km²
Macro environment unemployment rate: 8.7 %
Macro environment purchase power index: 92.1

The South East Center

The South East Center is one of the most attractive parts of Leipzig. The city center can be reached within only a few minutes. The Grassi Museum is vis-à-vis; the Lene-Voigt-Park and the Botanical Garden are very close. Transport links are excellent, public transport and local amenities are just a few steps away. There are many science and research institutions as well as other good places to work. Thus, a great microlocation of the object guarantees an excellent quality of life.

Micro environment population: 13,440
Property environment
Distance to city centre: 1.2 km
Distance to railway station: 1.6 km
Distance to motorway: 10.0 km
Distance to nursery: 0.6 km
Distance to local public transport: 0.1 km
Distance to school: 1.0 km
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