A key real estate acquisition has been completed in the Düsseldorf region. A prominent investment manager, Principal Real Estate Europe, has secured ownership of the Connecta Park, a significant logistics and office complex. Located within the established Ratingen Ost logistics hub, this property is a valuable addition to their portfolio.
The park features five buildings providing a total of approximately 30,000 square meters of versatile commercial space. It stands out as being fully leased to a diverse range of tenants, highlighting its desirability in the market. The transaction was finalized with a fund managed by Coros.
This strategic move strengthens the buyer’s presence in the German logistics market, particularly in major economic centres like Düsseldorf, which benefits from excellent infrastructure connectivity. The acquisition aligns with a strategy focused on investing in high-quality, well-located logistics assets that offer stable performance and long-term value.
Source: https://www.datacenterdynamics.com/en/news/principal-acquires-connecta-park-in-d%C3%BCsseldorf-germany/
