Büro Campus Wangen, Stuttgart, Germany
Cumming Group was commissioned by Montano on behalf of Investcorp to undertake technical due diligence for an urban mixed-use campus that was originally developed as the “Kodak Areal.” Located in the Stuttgart suburb of Wangen, the multi-let commercial campus comprises 12 office and research buildings and one DIY store across a 15-acre plot, providing a total area of ca 50,000m2. The campus features office buildings, state-of-the-art research and development, data centres, a restaurant, and conference rooms. It is home to several well-known tenants, predominantly in the technology and automotive sectors. The campus was sold by BEOS Corporate Real Estate Fund Germany I to Investcorp for a reported Euro 80 Mio. Following the initial TDD phase of this project, we were retained by the owner to project monitor the various stages of improvement works that were agreed as part of the transaction.
Service(s): |
Technical Due Diligence
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Sector(s): |
Corporate
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Office(s): | Düsseldorf |