Announced
Completed
Synopsis
AG Real Estate, an integrated property operator active, completed the acquisition of ICN Printz, an owner of the Printzipal office project in Luxembourg, from ICN Investment Management, an owner-managed real estate investment and asset manager. Financial terms were not disclosed. "This transaction illustrates the strength of our collective commitment and ICN’s ability to deliver real estate assets that create lasting value. I am deeply grateful to our teams and partners for their professionalism and mindset throughout this operation. Their dedication embodies the entrepreneurial spirit that drives ICN and reinforces our ambition to be a long-term, high-performing player in the European real estate landscape," Nik Coenegrachts, ICN Investment Management CEO.
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