The joint venture by Europi Property Group (Europi) and Silverton Group (Silverton) has acquired its first property, the "Silizium" office building in Dusseldorf. The vendor is an investment vehicle managed by Amundi Real Estate. The sale was supported by local management partner IC Asset Management. Located at Hansaallee 205, “Silizium” provides around 15,400m² of office space, which is fully occupied by an international company as its European headquarters. The building, constructed in 2014 on an approximately 7,000m² site, enjoys DGNB Silver certification.
Sebastian Steinert, Silverton authorised signatory and Regional Head of North Rhine-Westphalia, commented: “By purchasing Silizium, we have succeeded in acquiring a premium property in an attractive and gentrifying Dusseldorf submarket, shortly after the establishment of the joint venture. From an ESG point of view, a very important factor for us was that the building already has DGNB Silver certification and we aim to achieve an increase to a DGNB Gold standard by implementing appropriate measures.”
Jonathan Willen, CEO of Europi, added: “We’re delighted to acquire our first asset in Germany with Silverton, as part of a wider strategy to grow a portfolio of Grade A offices in Germany’s top cities. Silizium meets modern occupier requirements and has a good environmental footprint, which we look forward to improving further under our stewardship. Our joint venture with Silverton is actively seeking similar opportunities to grow the portfolio.”
