This is the 3534th most frequent German word.
liegenschaft
"Liegenschaft" in German means "property" or "real estate."
In this sentence, 'Liegenschaft' refers specifically to a property, often real estate or land owned by someone.
Die Familie besitzt eine große Liegenschaft außerhalb der Stadt.
The family owns a large property outside the city.
Here, 'Liegenschaft' implies an owned piece of real estate or land undergoing modification for a specific purpose.
Die Liegenschaft wird momentan renoviert, um sie als Bürogebäude zu nutzen.
The property is currently being renovated to be used as office space.
In this context, 'Liegenschaft' describes an asset within a legal or contractual framework.