Tristan Capital Partners and Germany's Pegasus Capital Partners have purchased an industrial asset close to the train station in Rosenheim, Germany.
Financial details were not disclosed.
The property consists of approximately 41,000 m² of land with around 27,000 m² of logistics, production and office space.
The research and production asset is occupied by telecoms manufacturer Ericsson and was sold by Kathrein Group, as part of the disposal of its worldwide property portfolio. Rosenheim is a city located in Upper Bavaria, southeast of Munich.
Legal firm Noerr is advising the Kathrein Group as international lead counsel on its asset disposal strategy, and in recent months was consulted on the sale of Kathrein company property in France, Mexico and other locations in Germany.
