Tristan Capital Partners’ EPISO 5 Fund has acquired 100% of the shares in Berlin-based real estate company „Industrie undHandel Aktiengesellschaft für Vermögensverwaltung“ (INHAG), owner of a substantial portfolio of residential and commercial assets in Germany. The Fund will partner with KauriCAB, an experienced Berlin-based operating partner with a strong track record within residential and commercial properties in Berlin.
The transaction allows EPISO 5 to acquire a substantial and diverse portfolio of 23 assets located in central locations in Berlin, Leipzig and Bad Homburg. The lettable area currently totals 77,416 sqm, of which c. 46,467 sqm is commercial and 30,949 sqm is residential.
The portfolio includes 21 residential and commercial assets in Berlin, of which 16 buildings are strategically located in prime locations in districts of Berlin Mitte, Friedrichshain and Prenzlauer Berg, all of which are highly sought after by residential and commercial tenants. The other two non-Berlin assets consist of an iconic mixed-use building in Leipzig and a complex of residential buildings in prestigious Bad Homburg, a suburb of Frankfurt am Main.
Source : Tristan Capital Partners