Thursday, October 25, 2007

Pierburg Completes Sale Leaseback Of Three Properties in Germany

PropertyEU - October 22, 2007

Natixis Capital Partners announced on Monday that it has bought three German industrial real estate sites in the western German city of Neuss from the automotive company Pierburg. The financial details were not disclosed. The properties provide a total lettable area of about 80,000 m2 and are earmarked for Naxitis' Captiva Capital Partners III fund. The assets have been leased back under terms of various lengths by Pierburg, which uses them for research & development, production, offices and storage, Natixis Capital Partners was advised by Freshfields Bruckhaus Deringer, PwC und URS. The seller was advised by Catella Corporate Finance. Sphere: Related Content

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