Flughafen Leipzig/Halle has acquired Terminal B at the airport from Commerz Real’s closed-end real estate fund 72 (CFB 72) for approximately €32.4m. It had leased the building, with more than 25,000 sqm of usable floor area, since 1996. It has now exercised its contractual right to purchase the asset after 22.5 years. CFB 72 has a total nominal value of €54m and was established in 1996. Following the sale of the terminal, the fund will be dissolved, and the investors will receive pay-outs equivalent to approximately 135 per cent of their original contribution.
