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Sun Park
Sun Park
Bitterfeld, Nr Leipzig, Germany
Acquisition Type:
Administration (Sovello)
Acquisition Date:
2016
Status:
Current
Project:
Vacant former production facility
Building Age:
2009-2011
Size:
64,758 sq.m.
Asset Class:
Production/Logistics/Office
Return:
Acquired for EUR13mm, current valuation EUR28mm (Colliers 2020)
Highlights
Acquired 100% vacant
Substantial investment program to sub-divide physical and technical infrastructure
Leasing currently at 90% with 15 credit tenants
Creation and branding of new multi-user logistics and production campus “Sun Park”
Low site coverage provides further development, “build to suit” opportunities.
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A growing footprint across Europe
London office
42 St James’s Place,
London, UK
Geneva office
Rue des Voisins 17,
Geneva, Switzerland
Berlin office
Hardenbergstraße 27, 17th Fl
Zoofenster, Berlin, Germany
Vienna office
Gutheil Schoder Gasse 8-12,
Vienna, Austria
Amsterdam office
Raamplein 1, 1016 XK Amsterdam, Netherlands
Get in touch
Phone:
+44 20 3841 8602
Email:
*protected email*
42 St James’s Place,
London,
SW1A 1NS,
United Kingdom
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