PATRIZIA invests in prime office building in Heidelberg

PATRIZIA AG  has completed the acquisition of a prime office building in Heidelberg from Tristan Capital Partners’ CCP 5 LL fund and DW Real Estate.

  • Asset comprises 25,960 sq m of versatile office and laboratory space
  • Investment provides diverse income stream with 95% of the property let to strong tenants and a remaining lease term of almost eight years
  • Property is located in a prime location in Bahnstadt, a flourishing and dynamic submarket of the university town of Heidelberg

Augsburg, 22 February 2022. PATRIZIA AG, a leading partner for global real assets, has completed the acquisition of a prime office building in Heidelberg from Tristan Capital Partners’ CCP 5 LL fund and DW Real Estate, on behalf of its clients.

You can now read the full press release at the link below