Kriftel, 04.11.2021. The real estate consulting firm Steinberg Real Estate + Finance has advised the special AIF “BGV IX” of the Munich-based investment manager Real I.S. AG on the conclusion of the financing with a German bank for the acquisition of the office property “The Stage” in Luxembourg.
Excerpt from the press release of Real I.S. AG:
“The modern office building “The Stage” was completed in 2011 and is located on Avenue J.F. Kennedy in Luxembourg. The total lettable area amounts to 15,264 square metres, which is divided between six above-ground floors and 176 underground parking spaces. The property has “BREEAM In-Use” certification with a rating of “Very good”. The occupancy rate is 100 percent.
“The Stage” is centrally located on Kirchberg in the north-east of Luxembourg City. This part of the city is characterised by various European institutions, corporations, financial service providers and educational institutions. Furthermore, there are a variety of restaurants and leisure facilities in the immediate vicinity, as well as several tram stations.”
Link to the press release of Real I.S. AG: Link
About Steinberg Real Estate + Finance
Steinberg Real Estate Management GmbH is a consulting and investment company founded in 2017 and based in Kriftel near Frankfurt am Main. Steinberg Real Estate + Finance focuses on the marketing and restructuring of complex real estate and real estate financing throughout Germany. In addition, Steinberg Real Estate + Finance is itself active as an investor in the field of distressed real estate and real estate loans and insolvency claims. The shareholders of Steinberg Real Estate + Finance are the two managing partners Antje Mertig and Michael Schäff. www.steinberg.management
Steinberg Real Estate Management GmbH, Taunusstraße 52, 65830 Kriftel
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