Investcorp acquires Lyoner Stern office building in Frankfurt

Investcorp acquires Lyoner Stern office building in Frankfurt

Published at: 2019-04-23 11:04 | Author: CIJEurope.com
Global provider of alternative investment products, Investcorp, has bought Lyoner Stern, a multi-let office building located in Frankfurt,Germany. It’s the third real estate investment Investcorp has made in the past twelve months. The 28,114 sqm building is located 14 km from Frankfurt’s Central Station in the Niederrad district, where office space comes at a significant discount. “Over the past year, Investcorp has been looking for good properties within the major markets in Germany,” said Babak Sultani, Managing Director and Real Estate Product Specialist at Investcorp. “The building is situated in a well-established submarket of Frankfurt which, in recent years, has transitioned from a pure office location to a mixed-use area with growing residential and entertainment components.”

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