Palmira Capital Partners acquires business park in Ratingen from RHENIUM
Palmira Capital Partners (Palmira) has purchased a centrally located business park in Ratingen on Kaiserswerther Strasse for its UIC II (Unternehmensimmobilienclub 2) fund. This acquisition marks the full deployment of UIC II’s capital. Preparations for the launch of UIC 3, the next fund in the successful Unternehmensimmobilien series, are already underway.
The property spans a 27,500 sq m plot, offering approximately 18,700 sq m of rental space. Of this, 12,000 sq m is allocated to hall areas, and 6,700 sq m is designated for office and social spaces. The business park is fully leased to 16 tenants, highlighting its strong market position.
The seller, an individual fund managed by RHENIUM Asset Management (RHENIUM), owned and optimized the property over the past decade. The purchase price remains undisclosed.
Palmira received legal and tax advisory support from Dentons, Düsseldorf, with x.project conducting technical and environmental due diligence. NAI Apollo acted as property advisor for the buyer. RHENIUM was advised by REIUS, Hamburg.
This acquisition further solidifies Palmira’s position in the business park segment and sets the stage for future investment through the forthcoming UIC 3 fund.