The portfolio comprises 22 properties across Germany--19offices, two residential and a hotel-- totalling 3 million sf withan annual rent roll of €38 million ($34.5 million). The brokers arelooking for bids for the portfolio as a whole or for any of fivesub-portfolios each, with different investment characteristics.


The 19 office properties are all located in major cities andprovide a range of investment returns. The hotel, located in theRhein-Main area, is one of Germany's most historic and has recentlybeen restored and modernised. The residential portfolio comprisestwo extensive residential complexes in Freiburg and Munich,offering a total of 785 residential units.


David Seddon, of Jones Lang LaSalle's European Capital Marketsteam, said: 'Portfolios of this size and quality very seldom becomeavailable in Germany, and in this instance are being offered in aformal tender process. We expect to generate serious interest fromboth German and international investors.'

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