BNP Paribas REIM acquires regional office property (DE)

BNP Paribas REIM acquires regional office property (DE)

BNP Paribas REIM, acting on behalf of SCPI Opus Real fund for OFB Projektentwicklung GmbH, has acquired an office building in Bad Homburg.

 

Located in the Frankfurt region, the building has an area of approx. 7,700 m². The property has just been delivered and obtained a LEED Gold certification. It is currently fully occupied by four tenants, including Fresenius

 

The office benefits from strong transport links in a close proximity to an S-Bahn train station providing direct access to the centre of Frankfurt. 

 

Jean-Maxime Jouis, Head of Fund Management of BNP Paribas REIM France, said: “This brand new building benefits from a prime location in an interesting submarket of the Frankfurt metropolitan area. The average lease length of more than 8 years coupled with the diverse tenant mix of the property (Healthcare, Digital Marketing, Web services and Insurance industry) ensures secure cash flows, for the SCPI Opus Real”.

 

BNP Paribas REIM was advised by Clifford Chance (legal advisor), WSP (technical advisor), while OFB Projektentwicklung GmbH was advised by GSK Stockmann.

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