The opportunity mine for investors.

Magdeburg can look back on an exciting history of ups and downs dating back to 885 CE. Today the capital of Saxony-Anhalt, the city is changing to become an economic and scientific hub. City centre retail, increasing demand for representative offices and extensive commercial premises in the outskirts of the city determine the majority of the real estate market. The attractive residential properties, often lovingly renovated, continue to stand for profitable investments in a very stable market. Aengevelt decided early on to set up its own branch in the capital on the banks of the Elbe river. We have been here since 1992, were able to have a decisive influence on the development of the real estate market in the city and we continue to see the many potentials and opportunities that this beautiful location has to offer.


AENGEVELT Immobilien GmbH & Co. KG

Team Magdeburg.

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© Aengevelt Immobilien


The biggest deal of the year was the sale of the City Carré in Magdeburg's prime city centre location. Aengevelt brokered the sale of the unique city ensemble for a three-digit million euro amount to Volksbank Braunschweig-Wolfsburg (BraWo), which thus concluded its largest deal to date, and is continuously successful in letting the commercial rental space.

  • City. Magdeburg
  • Object Name. City Carré Magdeburg
  • Leasable Area. approx. 137.000 m²


We not only know Magdeburg’s real estate market, we also analyse it. Constantly, and again and again. In our City Quarterlies, we provide you with current market facts and trends, every three months. The annual City Report is already a true classic. You can download the reports in our Research section.