Fund manager Activum SG Capital Management has acquired a 23,000 m2 office building in Eschborn near Frankfurt from a fund managed by AXA.
Fund manager Activum SG Capital Management has acquired a 23,000 m2 office building in Eschborn near Frankfurt from a fund managed by AXA.
The building is located in the heart of Eschborn, with tenants including Monster Worldwide Deutschland, Siemens Healthcare Diagnostics Holding, Hertz Autovermietung and pbb Deutsche Pfandbriefbank.
Financial details were not disclosed.
'This acquisition is similar to the Mannheim deal we completed six months ago - a high-quality building with an excellent mix of tenants in a popular office submarket that we think will continue to attract companies going forward,' said Activum's head of acquisitions Richard Wartenberg.
Activum SG Capital Management was advised by Berlin-based law firm Olswang.
