The newly renovated KO Campus is a modern office campus situated prominently in the commercial area of Eschborn, part of the Frankfurt Rhein-Main urban area. KO Campus comprises three office buildings totalling approximately 40,000sqm and houses some well-known tenants across a diverse set of sectors, including: manufacturing, retail and technology.
KO Campus features high quality and recently renovated office buildings, state-of-the-art research and development, data and design centres, a restaurant and conference rooms.
In April, Investcorp announced its first German real estate deal. Together with Continuum Capital Investment Management GmbH, Investcorp purchased the Bürocampus Wangen based in Stuttgart, Germany. Both investments are part of Investcorp’s broader pan-European real estate strategy, following its initial focus on UK industrial and logistics assets.
Hazem Ben-Gacem, co-chief executive officer of Investcorp, said: “Investcorp has a long history and an established track record of identifying valuable real estate acquisitions. This acquisition forms an exciting addition to our diversified portfolio of prime assets, and we believe that we are well-positioned to add value to this investment. With a solid buy-and-build strategy in place, we believe we are on the right track to continue to identify opportunities in the sector.”
Commenting on the acquisition, Babak Sultani, managing director, real estate product specialist, at Investcorp, said: “Following on Investcorp’s expertise in the US market, we have committed to expand our real estate footprint in Europe. Germany has always been considered an attractive market for us. We believe that KO Campus and Bürocampus Wangen are well-occupied, stable assets in two of the most dynamic markets.”