The acquisition is Investcorp’s second real estate investment in Germany.
Bahrain’s Investcorp has acquired KO Office Campus, based in Eschborn, Germany from Cilon AG for approximately EUR 86 million.
In a statement, Investcorp said that it acquired the Bürocampus Wangen based in April 2018, in partnership with Continuum Capital Investment Management.
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-CEO of Investcorp, said that the acquisition forms an exciting addition to the firm’s diversified portfolio of prime assets.