Triuva sells German commercial portfolio to Catalyst Capital

2 August 2016

Triuva has sold a portfolio of nine office properties and one retail property to the European investment and asset management company Catalyst Capital for its Catalyst European Property Fund II. The sales price for the portfolio known as “Project 10” is approximately €200m. The properties are located in Stuttgart, Cologne, Düsseldorf, Munich and Frankfurt as well as in Bielefeld, Recklinghausen, Dortmund, Bremen and Essen. The portfolio comprises rental space totalling around 93,000 sqm and includes tenants such as BMW, Bosch and Görtz. JLL, Drees & Sommer. Clifford Chance Düsseldorf advised the sellers. FPS, Crowe Horwath Frankfurt, Peschla+Rochmes and K+S Haustechnik were engaged for the buyer.

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