Commerz Real sells Quatron offices in Düsseldorf

Commerz Real sells Quatron offices in Düsseldorf

Published at: 2017-07-12 12:49 | Author: CIJ Europe
In a deal worth €62.3m, Commerz Real sold the Quatron office complex in Düsseldorf to AEW Europe, which bought the property on behalf of its City Office Germany special fund. Located in the city’s Mörsenbroich district, Quatron offers approximately 22,000 sqm of leasable space. The project had been part of Commerz Real’s closed-ended real estate fund CFB 145 since its completion in 2004. Commerz Real is also the main tenant. The current lease agreement runs until 2022. The seller was advised by Colliers International on the transaction, while Hogan Lovells Düsseldorf provide legal consultation.

Similar Stories:

Swiss Life Asset Managers acquires Dresden office property
Swiss Life Asset Managers has acquired an office and commercial property in Dresden for it  »
Skanska sells two office buildings in Kraków
Skanska has sold the first two buildings in its High5ive office complex in Kraków to the  »
Patrizia acquires office property in Munich
Patrizia Immobilien has acquired an office building in Munich. Located on Baierbrunner Str  »
Colliers appointed property manager of Mill Park in Budapest
Colliers REMS Hungary was named property manager of Skanka’s Mill Park office scheme, cu  »
Czech Republic  ♦  Three PropTech myths debunked
Something is happening here. And as it happens with anything that’s new, the whole movem   »
Shopping centers accounted for 134,000 sqm of the growth. The biggest projects delivered i   »
Portland Trust has begun construction on Building C, the final phase of Oregon Park. A sig   »
Ghelamco has sold building B of the Warsaw Spire office complex for €100 m. The buyer of   »