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A German Fund has sold K2 Dolce, a state-of-the-art office building located rue Borschette 2B-2C in the Kirchberg office district of Luxembourg, to Union Investment. CBRE advised the Seller. The purchase price was not disclosed.
K2 Dolce is a seven-storey office building delivered in 2007. It is part of the larger scheme consisting of the six K2 office buildings developed by CODIC between 2006 and 2008. After K2 Ellipse and K2 Forte, which Union Investment acquired in 2014 for its retail fund UniImmo: Deutschland, and K2 Ballade, K2 Dolce is the fourth building of this recent development scheme to be traded in 2014.
K2 Dolce is added to one of Union Investment’s institutional funds. The property totals approximately 8.700 m² of office areas, 630 m² of...
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