KINGSTONE Real Estate has acquired the corporate headquarters of voxeljet AG, a listed and globally-active manufacturer of large-format high-speed 3D printers, in the Bavarian town of Friedberg. The company was also able to complete a 15-year lease agreement with voxeljet AG, including two extension options, each for a further five-year term.
The office and logistics property, comprising a rental space of 15,564m², is located at Paul-Lenz-Strasse 1a and Balthasar-Schaller-Strasse 4 in the Friedberger See business park, a business location catering for international and medium-sized company from various sectors. The 23 hectare business park is located northwest of Friedberg on the outskirts of Augsburg with excellent access to the A8 motorway.
Dr. Tim Schomberg, Managing Partner of KINGSTONE Real Estate, said: "Its central location and the long-term lease agreement with a successful technology firm make this property an ideal addition to the core strategy of KINGSTONE Bavaria Süd. With this transaction, we are securing a property with long-term predictable cash flow for our investor."