IVG Immobilien : Institutional Funds buys METRO GROUP’s corporate headquarters on behalf of an institutional investor

On behalf of an individual mandate for a large German institutional investor IVG Institutional Funds has acquired the corporate headquarters of METRO Group, one of the most important international retailing companies based in Dusseldorf. The transaction comprises seven buildings with a total of more than 75,500 square meters rental space on premises of around 45,000 square meters. The so called "METRO Campus"  is located in Dusseldorf-Grafenberg and is completely let to METRO Group via a long-term sale and lease back model. The parties have agreed not to disclose details on the purchase price. IVG Institutional Funds was advised by King & Spalding and  Drees & Sommer for this transaction.

Media Contact
Jürgen Herres
Tel.: +49 (0)228 / 844-133
juergen.herres@spam protect ivg.de