Valad Europe has traded three assets in Germany totalling 90,450 m2 on behalf of its V+ Germany mandate.
Valad Europe has traded three assets in Germany totalling 90,450 m2 on behalf of its V+ Germany mandate.
German fund manager Beos represented an international investor group that acquired the two assets in Berlin and one in Hanover. The investment volume was not disclosed.
The largest asset, Zeughofstraße 1, is a 48,660 m2 multi-let light industrial property located in the Kreuzberg central district of Berlin. The asset is let to 37 tenants including Aastra, Sykes, TKV, Saint-Gobain and PI Photovoltaik-Institut Berlin.
The second asset in Berlin, Holzhauser Straße 139, 153 and 155, is a 25,290 m2 multi-let light industrial asset located north of the city centre. It is let to 23 tenants including 4Wheels, TransPark, Stahlgruber, Sonepar, Sto and Merkur Schoppe.
Lilienthal-Center is a 16,500 m2 multi-let light industrial asset located in Hanover. It is let to 21 tenants including Moor Park, Max Bahr, Hilti Deutschland, Solar Deutschland and Citipost.
Valad Europe manages €600 mln of assets and 720 tenants, occupying 1.3 million m2 of space in Germany.
