Savills Investment Management has acquired an office building in Dresden, Germany, on behalf of a Club Deal Fund for three German insurance companies.
Newly constructed in 2020, the LEED Gold certified, high-quality office building in Dresden comprises c. 15,150 sqm, which are let on a long-term basis.
Gerhard Lehner, Managing Director and Head of Fund Management Germany said: “The office building is an ideal fit for our Club Deal fund’s strategy of investing in modern and sustainable properties of a high quality and with third-party usability in central locations in Germany. This latest acquisition successfully contributes to the further diversification of the fund portfolio”.
