Divestments

Technologiepark

Repositioning of an income-producing Grade A office park – comprising seven assets and 116,000 square meters - through lease renewals and extensions

Technologiepark Köln comprises, at the time of acquisition, a 97% leased, seven building, approx. 116,000 square meters Class A, office park located in Cologne. The assets were acquired from a distressed seller.

  • Sector
    Real Estate
  • Country
    Germany
  • Fund
    EQT Real Estate I
  • Entry
    2016
  • Exit
    2019-12-01

Cologne is Germany’s fourth largest town with a stable occupier market and a positive rent outlook.

The business plan is to reposition the portfolio through lease renewals and extensions of in- place leases in the context of a supply-starved regional office market.

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