HIH Invest Real Estate just acquired the “Netzwerk” office scheme located at Lilienthalstrasse 7 in the Bavarian city of Regensburg in a club deal on behalf of German institutional investors. The property was sold by a closed-end private investor fund managed by Real I.S.
Completed in 2011, the building was constructed for the E.ON group in the Westenviertel district and has since then served as head office of the group’s subsidiary, BayernWerk Netz GmbH. The building, which represents a core property, features four full storeys as well as a recessed storey with a roof terrace, and is grouped around three greened courtyards.
Out of the total lettable area of 28,545 square metres, office units account for 24,761 square metres, and storage areas for 3,669 square metres. Also included are 600 underground car park and surface level parking spots. The property is DGNB Platinum certified.
Source: Press release