La Française buys mixed-use German property from Quest Investment

Related Companies

La Française Real Estate Partners International has acquired a mixed-use office and retail property in Germany from Quest Investment Partners

The manager said it has bought the fully-let Ansgari Haus asset at 65-71 Obernstraße in Bremen for an undisclosed amount.

The 5,700sqm building was constructed in 1988 and underwent an extensive refurbishment in 2014 and 2018.

Quest Investment acquired the asset in July 2017.

Jens Goettler, managing director for Germany, La Française Real Estate Partners International, said: “Bremen is the 10th largest city in Germany and is undergoing positive development.

“Its thriving harbour activity attracts companies and people from across Germany and abroad, which supports the local economy and creates demand for both office space and services.”

 

Related images

  • Ansgari Haus

Have your say

You must sign in to make a comment

IPE QUEST

Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2563

    Asset class: Mid & Small Cap Equities.
    Asset region: Global.
    Size: USD $130m.
    Closing date: 2019-09-27.

  • QN-2564

    Asset class: Large Cap Growth Equities.
    Asset region: Global Developed Markets.
    Size: USD $130m.
    Closing date: 2019-10-04.

  • DS-2567

    Closing date: 2019-10-02.

  • QN-2569

    Asset class: Local Currency Bonds.
    Asset region: Global Emerging Markets.
    Size: $500m.
    Closing date: 2019-10-10.

Begin Your Search Now