Europa Capital has acquired an office building in Unterfohring, a suburb of Munich. The seller is Ekistics Property Investors 1 LP. The property, located at Feringastrasse 10-12, was acquired on behalf of Mitsubishi Estate London, an affiliate of Europa’s principal shareholder, Mitsubishi Estate. The purchase price was not disclosed. The property, which was constructed in 2003, offers 22,000 sqm of office space. The acquisition marks the launch of Europa Capital’s new core-plus initiative onto the European office market, with an initial focus on principal German cities.
