Düsseldorf-based HSBC Trinkaus Real Estate has bought an office project in the Findel central business district of the city of Luxembourg for EUR 81.5 mln, of which EUR 50 mln in equity. The property is earmarked for the new fund Trinkaus Europa Immobilien-Fonds Nr. 12 Luxemburg/Airport & Co. After completion in September 2009, the property will have almost 9,000 m[sup]2[/sup] of office space, some 1,000 m[sup]2[/sup] of archive and storage space and 400 underground parking spots.
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