27 Mar 2012

Tristan Capital Partners, AEW Europe and caleus announce the purchase of Forum am Brühl in Leipzig

Source: Tristan Capital Partners Press Release

EPISO LP, a value-added/opportunistic fund co-advised by Tristan Capital Partners and AEW Europe, has acquired through its Luxembourg entity and together with the partner Berlin-based caleus capital investors gmbh (caleus) the office complex “Forum am Brühl” in Leipzig from RREEF.

The complex is located within Leipzig´s historic centre on the old town ring in front of the main railway station. It was built in 1997 and has total 26.500sqm and 222 parking units.

Ric Lewis, CEO of Tristan Capital and Senior Portfolio Manager of EPISOsaid: “This asset is additive to an already strong opportunistic portfolio and continues the successful relationship with our JV partner caleus which began back in 2004.”

Gereon Kohlgrueber of AEW Europe added: “The office complex is well located in a market with good fundamentals where value creation can be achieved through active asset management.”