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Optimum’s German real estate fund adds 1,636 square meters office building

Optimum Asset Management has added a 1,636 square meters office to its fourth German real estate fund’s portfolio.

The specialist real estate investment manager has invested an undisclosed sum on behalf of its German Real Estate Fund IV (GREF IV) fund to the commercial building in Düsseldorf.

Built in 1986, the building consists of eight stories, including a ground floor.

Alberto Matta, chairman and founder at Optimum Asset Management, said: “As we build out our portfolio, we look to invest in German real estate with significant opportunity for value creation.

Source: realassets.ipe.com on the 16th of November 2022
https://realassets.ipe.com/news/optimums-german-real-estate-fund-adds-1636square meters-office-building/10063454.article