Real estate investor Conren Land has acquired the office and commercial building JEP3 in Düsseldorf from Rhenus Grundvermögen GmbH & Co. Entwicklungs-KG. The price tag of the forward purchase was not made public by the parties, but is estimated to be in the €20-30 million range.
Located at Joachim-Erwin-Platz 3 in Düsseldorf's pedestrian zone, the 3,000 metres squarred property is designed by RKW Architektur + and scheduled for completion in 2023.
Source: propertyeu.info on the 3rd of March
https://propertyeu.info/Nieuws/Conren-Land-snatches-up-office-and-commercial-building-in-Dsseldorf/6cd1fc06-2323-419b-837a-e7ccc1e091b6