Luxembourg-based private equity group Jargonnant Partners has bought the Trikolon mixed-use building at Munich's Arabellapark for an undisclosed amount.
Luxembourg-based private equity group Jargonnant Partners has bought the Trikolon mixed-use building at Munich's Arabellapark for an undisclosed amount.
Financing for the deal was provided by BayernLB.
The 10-storey building comprises over 50,000 m2 of space for office, retail and residential accommodation. The office element represents the largest part of the building, accounting for 30,000 m2.
Munich-based Blue Asset Management is the asset manager and represented the vendor in the deal.
Law firm Görg advised the buyer and Clifford Chance acted for the seller. Colliers International brokered the transaction.
