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.

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