AXA, an alternative investment firm, completed the acquisition of The Rocks Aachen, a research and development facility located in Germany, for €124m ($143m). “This acquisition represents a rare opportunity to acquire a high-quality income producing asset in one of Germany’s key innovation clusters. Our local team has a strong track record in delivering successful asset management and development projects and we look forward to continuing to leverage our expertise in one of Europe’s fastest growing submarkets," Ulrike Haack, AXA Head of Transactions.