11.12.2018 13:52:27
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Corestate Capital Holding S.A.: CORESTATE subsidiary Hannover Leasing acquires office property in Düsseldorf for new mutual AIF
CORESTATE subsidiary Hannover Leasing acquires office property in Düsseldorf for new mutual AIF Pullach, December 11, 2018 - Hannover Leasing, a Corestate Capital Group company, has acquired an office building in Düsseldorf-Oberbilk. The new building has already been fully rented to Unfallkasse NRW which is opening its new headquarters at the property and will move in with around 500 employees by the end of next year. A rental agreement with a 15-year term and no special right of termination has already been signed. The price amounts to just under EUR 55.5 million. The seller is the Essen-based project developer KÖLBL KRUSE. Hannover Leasing is planning to transform the property into a mutual AIF specially designed for foundations, which will focus management to the needs of foundations. The minimum subscription amount for the new fund is EUR 100,000. Designed by renowned Düsseldorf architects RKW Architektur +, the building has a total rental area of approx. 12,100 m² and is located on Moskauer Strasse at the International Trade Center in Oberbilk, an inner-city urban borough in southeast Düsseldorf. It has very good public transport connections and is within walking distance of the central train station. "The Düsseldorf office market is known for high demand and scarce supply - the vacancy rate is currently around 7 percent, east of the center even down to about 4.4 percent," explains Markus Müller, Managing Director of Hannover Leasing. "The building will be barrier-free, state-of-the-art and seeks to be awarded the Gold Certificate by the DGNB."
PR Contacts KÖLBL KRUSE GmbH About CORESTATE Capital Holding S.A. About KÖLBL KRUSE This publication represents only non-binding information that does not purport to be complete. Investors are advised to base any investment decision on a thorough review of the entire sales prospectus. The prospectus includes detailed information on the economic, fiscal and legal parameters underlying a given investment, and specifically on its risks. The full-length sales prospectus complete with addenda, where applicable, is available from the issuer and from the provider, each seated at Wolfratshauser Strasse 49, D-82049 Pullach, and can be requested free of charge. End of Media Release Issuer: Corestate Capital Holding S.A.
11.12.2018 Dissemination of a Press Release, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Corestate Capital Holding S.A. |
4, Rue Jean Monnet | |
L-2180 Luxembourg | |
Luxemburg | |
Phone: | +49 69 3535630-107 |
Fax: | +49 69 3535630-29 |
E-mail: | IR@corestate-capital.com |
Internet: | www.corestate-capital.com |
ISIN: | LU1296758029 |
WKN: | A141J3 |
Indices: | SDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange |
End of News | DGAP Media |
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