Sirius Real Estate has invested €40 million in acquiring two German business parks and is in talks to buy additional assets in the UK and Germany.
The owner and operator of branded business and industrial parks in Germany and the UK said it has acquired an asset in Cologne and another in Göppingen, in deals that add close to 55,000 square metres of primarily light industrial and production space to the group’s 1.9 million square metres German portfolio.
The business park in Cologne was acquired for €20 million and the Göppingen asset was acquired for €19.8 million.
Source: realassets.ipe.com on the 12th of February