18. August 2019

CLUB ESTATE FACILITATES FUNDING OF ICONIC OFFICE PROPERTY IN DÜSSELDORF

Pfäffikon/SZ, 3 July 2019 – Club Estate, a leading real estate co-investment platform, announced that it has successfully facilitated the equity funding of an office property in Düsseldorf, Germany. Club Estate worked closely with ACRON Group, Zurich and Singapore based real estate investor Antica Capital on the transaction. Funding was completed within only four weeks. 

Dr. Marcus Sasse, Managing Partner of Club Estate, said: "Time is of essence. I’m delighted that we were able to facilitate the funding within such a short time. This is a great success for all parties involved.”

The iconic Red Gehry building was designed by world-famous architect Frank O. Gehry and is situated at the waterfront, in Düsseldorf’s trendy Media harbor district. The uniquely designed property offers exclusive office space, in close proximity to fitness, shopping and entertainment.

Commenting on the key success factors for real estate co-investments, Dr. Marcus Sasse said: “At Club Estate we partner with both, investors and deal sponsors very early on. This close alignment via our platform simplifies transaction processes considerably and increases transparency throughout. I’m looking forward to seeing Club Estate grow further and play a pivotal part in transforming the real estate co-investment space.” 

Red Gehry, Düsseldorf