Catella acquires office building in Stuttgart for property fund

Catella acquires office building in Stuttgart for property fund

Published at: 2018-01-11 10:21 | Author: CIJ Europe
Catella Real Estate has acquired an office property in Stuttgart for its IWS II fund. The purchase price was not disclosed. The building is located in Stuttgart-Feuerbach and offers approximately 10,600 sqm of office space. The main tenant is Robert Bosch. The seller of the property is the Oslo-based German property AS. Catella was advised by DLA Piper. Arcadis Germany acted as the technical service provider. Cushman & Wakefield and Colliers were also involved in the transaction. The IWS II fund focuses on investments in A and B locations in Bavaria and Baden-Württemberg. Its target equity ratio is €150m.

Similar Stories:

Starwood Capital Group buys Hamburg office portfolio
An affiliate of Starwood Capital Group and its joint venture partner CELLS Property Invest  »
Rise.pl chooses Galileo for third location in Kraków
Rise.pl, a Polish coworking space and serviced office operator, has leased 1,450 sqm of sp  »
Enel takes 11,000 sqm at Day Tower in Bucharest
Enel signed a lease to take more than 11,000 sqm at the Day Tower building, which is neari  »
Union Investment sells office property in Stuttgart
Union Investment sold an office property in Stuttgart to Conren Land. The purchase price w  »
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   »