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Patrizia Buys Ml69 Office Building For German Commercial Fund | News | Ipe Ra
The 5,000sqm ML69 office asset was acquired for an undisclosed sum. : Patrizia has bought a multi-let office building in Frankfurt on behalf of one of its German commercial funds. The pan-European real estate investment manager said it has paid an undislcosed amount for the 5,000sqm ML69 office asset. Thomas Otto, associate director transactions Germany at Patrizia, said: “This transaction presents an attractive opportunity to acquire a high-quality, fully-let office building generating sustainable income in one of the top seven … Full investment news article
Council Post: Four Lessons Real Estate Investors Should Thank The Great Recession For
This is not the standard view promoted by real estate investment experts, but then again, very few investors will tell you that they're grateful for the last bust — and not in the least worried about the next one. Full investment news article