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Sign in Sign up for a FREE subscriptionGARBE Institutional Capital acquires property in the Netherland’s life-science park for STREF #1 fund
GARBE Institutional Capital has acquired a property in the Leiden Bio Science Park (LBSP), the Netherland’s largest life-science cluster.
The 3,500-square-meter (36,674-square-foot) property will become part of the open-ended alternative investment fund GARBE Science and Technology Real Estate Fund 1 (GARBE STREF #1).
The property at Einsteinweg 5 in Leiden offers laboratory, office and industrial space in two linked buildings. It is fully let to four tenants. The property also includes 24 parking spaces. It was built in 1967, completely refurbished in 1990 and extended in 2003.
“We are delighted to acquire such a property in the heart of the LBSP, which is not only the main cluster for life-sciences in the Netherlands but also offers access to new talent from one of Europe’s most renowned science centers in academia,” said Thomas Kallenbrunnen, managing director of GARBE Institutional Capital.
The 110-hectre (272-acre) Leiden Bio Science Park is
