Rock Capital has bought the Skygate office campus in Munich from HIH Invest Real Estate for €80 mln.
The asset comprises around 40,000 m2 of office and warehouse space and around 1000 parking spaces on a 35,000 m2 plot.
Skygate's current tenants include Air France–KLM, Avon Cosmetics, Bentley Motors, Trend Mirco and consultancy McKinsey & Company.
Around 25,000 m2 of floor space is yet to be leased.
Rock Capital was advised by law firms Satell and Herman & Kollegen, as well as Drees & Sommer.
CBRE Munich brokered the deal via a structured bidding process.
