Munich, 02 November 2022 – 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, in a sale-and-lease-back transaction for “KINGSTONE Bavaria Süd”. At the same time, KINGSTONE Real Estate was 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 15,564 m2, 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, says: “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.”
HEUSSEN Rechtsanwaltsgesellschaft mbH (Legal & Tax Due Diligence) and Stane Consulting (Technical Due Diligence) advised KINGSTONE Real Estate on the transaction with private bank Merck Finck acting as broker.
KINGSTONE Real Estate issued the open-ended alternative investment fund (AIF), “KINGSTONE Bavaria Süd”, together with Service-KVG IntReal International Real Estate Kapitalverwaltungsgesellschaft for Sparkasse Rosenheim-Bad Aibling. The core fund invests in residential, office, logistics, healthcare and social properties in southern Bavaria.
About KINGSTONE Real Estate
KINGSTONE Real Estate is an owner-managed real estate investment management group founded by the Schomberg family and Pegasus Capital Partners which offers a wide range of investment products and a holistic approach for German and international institutional investors.
KINGSTONE combines a top-notch real estate deal and project pipeline with the superb network of our senior management team among both providers and users of real estate capital. We maximise opportunities for our clients by pairing the proven capabilities and track record of strategic co-owner Pegasus Capital Partners as project developer and mezzanine specialist together with the Schomberg family’s decades of experience in the international and institutional real estate fund business.
More information available at: www.kingstone-group.de
Feldhoff & Cie. GmbH
Associate Director | CIRO
Phone +49 (0) 69-264 867 718