London – 26 September 2022 – Funds advised by CRE agreed to acquire KME’s Osnabrück HQ in Germany in a primary sale & leaseback transaction. KME’s holding company is listed on the Milan Stock Exchange and is one of the world’s largest manufacturers of copper and copper alloy products, focused on rolled products, with a European footprint and worldwide distribution network. The Osnabrück HQ comprises a site area of more than 570,000 sqm providing 273,600 sqm of lettable industrial and office space. The closing is subject to customary conditions precedent.
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