FLE purchases Pfersee Park in Augsburg
FLE GmbH, specialising in commercial properties and a subsidiary of the French LFPI Group, has acquired Pfersee Park in Augsburg for one of its special funds.
Pfersee Park is a district centre in the western part of Augsburg consisting of eight buildings with a rental area of approximately 15,787 m². The buildings present an attractive mix of office, practice and retail areas and are almost fully occupied.
Dr Alexander Klafsky, FLE fund manager and managing director, is excited about this latest deal and explains: “With its great diversity and mix of tenants, Pfersee Park is a perfect match for our strategic property portfolio and meets all of our requirements.”
The buyer received consultation from GSK Stockmann + Kollegen, Munich and Hackenberg & Co., Frankfurt, during this deal.
About FLE GmbH
FLE GmbH, founded in 2007 and based in Vienna, is part of the French private equity group LFPI (La Financière Patrimoniale d’Investissement) based in Paris. LFPI is a traditional French private equity group which currently manages fixed assets to the value of over three billion euros. The LFPI Group is sponsored by Lazard, a global market leader in financial services and asset management since 1848.
FLE GmbH is an investment consultant for two special funds. The funds focus on office and commercial properties as well as low-budget hotels with a purchasing volume of three to forty million euros per property. FLE currently manages 55 properties with average volumes of eight million euros and with eight to ten tenants. Its investment locations include Graz, Vienna, Munich, Stuttgart, Düsseldorf, Hamburg and Leipzig.