17. Juli 2012 
Print
Print
IMW Immobilien acquires Dukes Court in Woking
IMW Immobilien SE signed an agreement on the purchase of shares of three companies which owned by the related company Warwick Square Ltd. The main asset of the bought companies is the property „Dukes Court“ in Woking. The transfer of the shares is back dated from 1 July 2012.
The property „Dukes Court“ is an office and commercial building with a rental space of approx. 21,000 m². The property is leased to fine standing tenants and achieved an annual net rent of 3.6 million GBP. The transaction volume accounts up to 52 million GBP.
With this investment in UK IMW Immobilien SE follows its new strategy to offset currency and economic risks occurred by the crisis of the Euro countries.
The property „Dukes Court“ is an office and commercial building with a rental space of approx. 21,000 m². The property is leased to fine standing tenants and achieved an annual net rent of 3.6 million GBP. The transaction volume accounts up to 52 million GBP.
With this investment in UK IMW Immobilien SE follows its new strategy to offset currency and economic risks occurred by the crisis of the Euro countries.
