Real IS completed the acquisition of Innovationspark Kisselberg from J. Molitor Immobilien and Mainzer Aufbaugesellschaft.

Real IS, a provider of property investments for private and institutional investors, completed the acquisition of Innovationspark Kisselberg from J. Molitor Immobilien and Mainzer Aufbaugesellschaft. Financial terms were not disclosed. “Mainz has been developing into an attractive location for some time now – the office real estate market is particularly convincing with its low vacancy ratio of 2.1 per cent. The proximity to the two universities and the planned area for biotechnology and research make “Innovationspark Kisselberg” an attractive investment for our “Real I.S. SCF I” fund,” Axel Schulz, Real IS Global Head of Investment Management.