Accel Real Estate acquires office building in Germany (DE/NL)

Accel Real Estate has recently acquired an office building in Germany. The property is located on the Europastrasse 3 in Neustadt an der Weinstrasse, between Mannheim and Karlsruhe.

Europastrasse 3 in
Neustadt an der Weinstrasse.

The lettable area is almost 1.900 m² and there are approximately 40 parking spaces available on site. The property is fully let to five tenants. Seller is a private investor.

The property is acquired for Accel Germany Fund N.V., which will invest for €60 million in German commercial real estate.

Source: Accel Real Estate

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