UBS Global Real Estate has announced the acquisition of an office building in Cologne on behalf of a client from Switzerland.
UBS Global Real Estate has announced the acquisition of an office building in Cologne on behalf of a client from Switzerland.
Financial details were not disclosed.
The KölnCubus asset was sold by its developer and owner, Development Partner.
Completed in the first quarter of 2014, the building is fully let and provides around 11,400 m2 of office and warehousing space. Major tenants include consultancy firm Seven Principles, NTT Data and Regus.