A commercial (office) property acquired in Q2 2015 through a local German company and taken-over in Q3 2015. The property is located in the city of Cologne, the fourth largest city in Germany. The property was constructed in 1972 and was fully renovated in 2006. The seven-story building has a rentable area of 8,392m².
Real Capital has structured the transaction, secured financing, and will manage the property.