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Palmira Capital Partners adds German business park to portfolio
Transactions - JANUARY 25, 2022

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Palmira Capital Partners adds German business park to portfolio

by Kali Persall

Palmira Capital Partners has acquired a commercial park in Dieburg, Germany, for its Corporate Real Estate Club 2 (UIC 2).

UIC 2, geared toward institutional investors, focuses on commercial and small-scale office parks, and production properties in Germany.

The business park, which is leased to four commercial occupiers, was purchased from a family office for an undisclosed amount. The asset has a total lettable area of 11,257 square meters (x square feet).

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