Branicks Group AG Sells "Cologno" Business Park

Branicks Group AG has finalized the sale of the “Cologno” business park in Cologne. This transaction, completed on October 11, 2024, forms part of an asset deal with the “BEOS Light Industrial Germany I” fund, overseen by Swiss Life Kapitalverwaltungsgesellschaft mbH. The terms of the sale, including the purchase price, have not been disclosed publicly.

The business park, situated on Mathias-Brüggen-Strasse, is almost fully rented with around 35 tenants since its acquisition in 2007. Originally built in 1987, the property encompasses a total rental area of 28,200 square meters. This sale plays a significant role in enhancing Branicks' financial consolidation and aligns with its strategic objectives, focusing on logistics, office, and renewable asset classes.