HANOVER, GERMANY-Peakside Capital has signed an agreement to purchase the German HQ of Solvay in Hanover for an undisclosed price. The firm is buying Hans-Bockler-Allee 20, an office building measuring approximately 255,104 square feet in Hanover Bult, for the Peakside Real Estate Fund I in a sale and leaseback deal.
Solvay has signed a new lease for 15 years with Peakside Capital for the Hanover office building. Jones Lang LaSalle Hanover brokered the deal along with Henschel Immobilien. For the full story, go to Europe Real Estate .
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