PATRIZIA sells the Pantheon portfolio
Four civic buildings with a total area of 22,000 sq m.
Augsburg/Frankfurt, 29 August 2018. PATRIZIA Immobilien AG has sold the Pantheon portfolio to the Swedish real estate company Hemsö Fastighets AB. It is part of the former Leo II portfolio and includes four civic buildings in Hessen with a total area of approximately 22,000 square metres. They are primarily used by state institutions such as the police and are leased long-term to the state of Hessen. The sales price was in the double-digit million euros range.
PATRIZIA Immobilien AG:
PATRIZIA Immobilien AG has been active as an investment manager in the real estate market across Europe for more than 30 years. PATRIZIA’s activities include the acquisition, management, repositioning and sale of residential and commercial real estate through its own licensed investment platforms. As a global partner for pan-European real estate investment, PATRIZIA operates as a respected business partner of large institutional investors and retail investors in all major European countries. PATRIZIA manages almost EUR 40 billion of real estate assets, primarily as an investment manager for insurance companies, pension fund institutions, sovereign funds, savings and cooperative banks and as co-investor. For further information, please visit: www.patrizia.ag.
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