Swiss Life AM to develop office in Bottrop (DE)

Swiss Life AM to develop office in Bottrop (DE)

Swiss Life Asset Managers has signed a purchase agreement for a brownfield site of c. 10ha in Bottrop. A light industrial project called "Central Ruhr" and a new office building will be built on the site. The logistics building will be divided into three building units that one or more tenants can use. The installation of heat pumps and photovoltaic roof systems is planned. The aim is to achieve BREEAM "Very Good" certification.

 

Swiss Life emphasizes the importance of the Ruhr area in the company's Europe-wide investment strategy. The "Central Ruhr" is the fourth logistics development in North Rhine-Westphalia.

 

Mohrle Happ Luther avised Swiss Life Asset Managers on the transaction.

 

Image source - Pexels.

 

Europe Real Estate — an overview of real estate developments in European countries.

 

 

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