The property will be part of the portfolio of the special real estate fund Domus-Deutschland-Fonds-Nr. 2. The parties agreed to keep the the purchase price confidential.
The five-storey "Butzweiler Stern" offers a lettable area of approximately 23,750 sqm and 354 parking spaces. Principal tenants are the "Bundesanstalt für Immobilienaufgaben" and the Lear Corporation GmbH. The property was built in 2006 and is located in Cologne-Ossendorf. The established quarter is currently developing into an up-and-coming city district with an attractive concept of both working and living with high quality in residence.