FLE sells office building in Düsseldorf
Vienna, 18.12.2017 – CORESIS Management, specialized in real estate for institutional and wealthy private investors, based in Bad Homburg v.d.H, has acquired the office building Grafenberger Allee 87, Dusseldorf. The building, which has been built in the early eighties, is located in the district of Flingern-Nord. It offers around 5,400 sqm of office space and is rented to different and creditworthy tenants. The vendor is FLE SICAV FIS, a real estate fund based in Luxemburg managed by the Viennese FLE Gmbh. Both parties have agreed not to make the purchase price public. Avison Young was employed as a transaction advisor.
About FLE GmbH
FLE GmbH with its seat in Vienna was founded in 2007 and is part of the French LFPI group. LFPI is an independent international multi asset manager with more than three billion Euro of assets under management in private equity, real estate, debt and other fields of asset management. The real estate funds managed by LFPI group are owners of approx. 200 real properties with an estimated net value of more than two billion Euro.
FLE GmbH is investment advisor of several real estate funds. These funds target office and retail assets as well as low budget hotels with a purchase price from two to fifty million Euro per asset in Germany, Austria, and CEE.
Eva Maria Kamedler
Freyung 4/12, 1010 Wien, Österreich
Tel.: +43 1 53202110