Savills has sold office and laboratory building in Germany
Savills has sold office and laboratory building in Germany
  Deals  |  Office  |  Europe  |  Office

Savills has sold office and laboratory building in Germany

Sienna Investment Managers acted as Investment Manager for Arkea Real Estate Investment Management.
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RE+D magazine
23.04.2024

Savills, on behalf of Le Masurier, has sold the office and laboratory building, HENRI, in Erlangen, Germany to French SCPI, Transitions Europe, managed by Arkea Real Estate Investment Management, for more than €12m.

Sienna Investment Managers acted as Investment Manager for Arkea Real Estate Investment Management. 

The property has a total gross floor area of 5,180m2 and is let on a long-term basis. The sole tenant is a leading international life science company. The asset is located at the southern end of the Siemens Campus, to the south of the city centre.