STOCKHOLM, Mar 09, 2017 /PRNewswire/ --

Munich-based investment manager Catella Real Estate has acquired an office property in the Irish capital, Dublin, for its Sarasin Sustainable Properties – European Cities fund. The building, which is fully occupied and measures around 4,100 m2, is leased to investment bank J.P. Morgan. 

"The Irish market for office property has regained its strength after the financial crisis. We have taken advantage of Ireland's current economic prosperity by acquiring a modern, long-term leased office property for our investors. It meets the sustainability criteria specified for the fund, and the acquisition will ensure broader diversification of the portfolio," says Henrik Fillibeck, member of the Managing Board of Catella Real Estate.

The Sarasin Sustainable Properties – European Cities fund is a product of Catella Real Estate AG in cooperation with Bank J. Safra Sarasin AG. The fund, which invests at least 75% of its capital in commercial property, focusing on office and retail, aims specifically to meet the needs of institutional investors in Switzerland, Austria and Germany. Each building has to meet the sustainability standards of Bank Sarasin. 

For more information, please contact: 

Press contact:

This information was brought to you by Cision

The following files are available for download:

Press release

 

Are you looking to buy property in Germany ? Bavaria , Bad Grund , New York

Are you looking to rent property in Germany ? Göhren (ostseebad) , Lobbe Auf Rügen , Berlin , Carolinensiel , Dresden

Author

  1. avatar
    Homesgofast com

    Homesgofast.com is an international real estate portal and news source for Google news. Publishing international real estate, finance, homes and travel-related news and blogs for a targeted audience since 2002. Each news item is circulated to thousands of potential readers each day and is also available to the millions of people who sign up for Google news alerts. Find homes offered for sale and to rent direct from owners and some of the best real estate agents from over 35 countries