Kingstone Real Estate acquires HQ Bavarian town of Friedberg

Kingstone Real Estate has acquired the corporate headquarters of voxeljet AG, a listed and globally active manufacturer of large-format, high-speed 3D printers, in the Bavarian town of Friedberg, in a sale-and-lease-back transaction for Kingstone Bavaria Süd.

At the same time, Kingstone Real Estate was able to complete a 15-year lease agreement with voxeljet AG, including two extension options, each for a further five-year term.

The office and logistics property, comprising a rental space of 15,564 square meters (tk square feet), is located at Paul-Lenz-Strasse 1a and Balthasar-Schaller-Strasse 4 in the Friedberger See business park, a location catering to finternational and medium-sized companies from various sectors. The 23-hectare (tk-acre) business park is located northwest of Friedberg on the outskirts of Augsburg with excellent access to the A8 motorway.

“Its central location and the long-term lease agreement with a successful technology firm make this