German property company Quantum Immobilien has bought an office property in the centre of Dusseldorf from Blackhorse Immobilien.
German property company Quantum Immobilien has bought an office property in the centre of Dusseldorf from Blackhorse Immobilien.
Hamburg-based Quantum paid around €24 mln for the 5,140 m2 property, which is located at Steinstrasse 20 in Dusseldorf. It was acquired for a fund (Individualfonds) established by Universal Investment. BNP Paribas Real Estate advised on the transaction.
The acquisition brings the fund’s total real estate assets to around €130 mln. It is targetting a volume of €200 mln.
