Sirius Real Estate has notarised the acquisition of a business park in Reinsberg, Saxony, for EUR 20.4 million.
The Reinsberg property is 75% let and generates rental income of €1.5 million per annum.
The Park was completed in 2014 and offers approximately 37,000 sqm of lettable space, of which approximately 29,000 sqm (78.4%) is prime industrial manufacturing space.
The access to two major motorways in the region is excellent.
Ambiente Deutschland GmbH delivered Due Diligence
Opmerkingen