Tattersall Lorenz takes over property management of the German properties in the Coldplay portfolio
Tattersall Lorenz has been instructed to carry out the commercial property management of the four German properties in the Coldplay portfolio. The client is a fund managed by Tristan Capital Partners. The asset manager responsible for the properties is Sonar Real Estate.
Situated in Bavaria, Rhineland Palatinate and the Saarland, the properties have a total lettable area of around 36,500 square metres. This comprises approximately 32,100 square metres of logistics space and 4,400 square metres of offices. They are all fully let to the Nagel Group.
The properties in the portfolio are: Am Flachmoor 18, Nuremberg (13,493 sq m logistics and 1,519 sq m office space); Leuschnerstrasse 1, Wurzburg (5.573 sq m logistics and 783 sq m office space); Kräwerweg 12, Andernach (6,121 sq m logistics and 1,027 sq m office space); and Kurt-Nagel-Strasse 8, Völklingen (6,878 sq m logistics, 1,139 sq m office space).
Constructed between 1991 and 2003, the properties were modernised in 2011 and 2016. Tattersall Lorenz will manage the assets from its Nuremberg and Frankfurt offices.
Michelle Dewsbery-Knox, Key Account Manager at Tattersall Lorenz: "Following the property management instruction for the Summit portfolio, this is the second time we have worked in collaboration with Tristan Capital Partners and Sonar Real Estate. We are delighted with the renewed trust placed in us and, as always, we will deliver high quality property management."