The price for the acquisition amounted to €27,050,000.
The office will initially host up to 200 of Patrizia’s London-based employees, including its new Patrizia Infrastructure business.
Mäander is located in an established innovation cluster near Munich.
Citi will remain in North Wall Quay for some time after it has sold the building.
The total amount offered for the acquisition of the property was €2,351,000.
The project comprises an office tower with approximately 19,000sqm of Gross Building Area.
The building, known as HQ2 and fully let to Pirelli Tyre, has a total gross area of 28,000sqm.
The parties agreed not to disclose the purchase price.
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