Hines Acquires Allianz Karlshoehe Portfolio In Stuttgart Cbd For More Than €300 Million
Hines, the international real estate firm, has acquired the Karlshoehe Portfolio in Stuttgart, for a price in excess of €300 million on behalf of its Hines European Value Fund (HEVF). The portfolio consists of 13 office buildings including two towers and totaling more than 90,000 sqm of NRA. The portfolio is 98% leased, largely to Allianz.
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