KINGSTONE Real Estate acquires Ingolstadt residential and office property for a separate account mandate

KINGSTONE Real Estate has acquired a residential and office property in Ingolstadt, Germany, in an off-market transaction on behalf of its KINGSTONE Bavaria Süd (KBS) fund, a single-client institutional investment vehicle. The seller of the property, located at Münchner Strasse 45-49, with about 4,300 square meters (46,280 square feet) of rental space, is a private sellers’ association.

The property is just seven minutes by foot from Ingolstadt’s main train station and directly opposite a large city park.

KINGSTONE Real Estate established KBS, an open-end alternative-investment fund, for Sparkasse Rosenheim-Bad Aibling, a savings bank based in the southern German city of Rosenheim. IntReal International Real Estate has been appointed as the fund’s service-providing capital management company (KVG). KBS invests in core properties throughout southern Bavaria, including residential, office, logistics, healthcare, and other care facilities. The fund’s total targe