TLG Immobilien acquired Astropark in Frankfurt. The purchase price is being kept confidential, but TLG Immobilien said in statement that it invested approximately €97.2m in the deal. The seller is a joint venture consisting of an international fund and the German management team at Barings Real Estate Advisers. The eight-story LEED Gold-certified office property is situated in the city’s Niederrad district. Tenants include B+S Card Service, ZVEI Zentralverband Elektrotechnik u. Elektronikindustrie and Fujitsu Technology Solutions.
