The fund is a limited partnership by IBI Pillar company and Reality Germany. IBI Pillar enables collaborations with professionals who perform the actual investment, managing the asset and selling it at the end of the investment period. The offered transaction is the purchase of “Gothaer Office Park“, that includes 4 office buildings in the German city of Göttingen.
The proposed deal is the purchase of 4 office buildings called “Gothaer Office Park” in the city of Gottingen. The fund will purchase the property that has been renovated and is fully occupied by a limited number of tenants. The transaction is based on raising the rent and the duration of the leases for existing tenants. The fund anticipates that as a result the Cap Rate will be significantly lower than the Cap Rate at which the asset was purchased and as an outcome the investment will be profitable.
