Sale of Climmolux Holding
Friday, May 20, 2016
Allianz Real Estate France has acquired Climmolux Holding, the company owning the Serenity office building
The property was sold by Fidentia, a Belgian real estate investor. The Serenity building was completed in 2010 and covers an area of approximately 10,486 m². Around 532 parking spaces are available.
In 2010 the Serenity office building was the first building in Luxembourg to have been awarded the HQE (NF HQE Tertiary Buildings) certification for the construction of the building. Since November 2014 the property has also enjoyed the HQE level "Excellent" certification for the use of the building.
"This first acquisition in Luxembourg, on behalf of Allianz' investors, enables us to strenghten the geographic diversification within our portfolio", said Barbara Koreniouguine, CEO of Allianz Real Estate France, which also covers the Benelux region.
In this transaction, Allianz was advised by Arendt & Medernach, EY et Socotec. Fidentia Real Estate Investments was advised by JLL and Heilporn & Kadaner. Further terms of the transaction were not disclosed.