On behalf of its Next Estate Income Fund III (NEIF III) BNP Paribas agreed on the sale of the Kockelscheuer office project in Luxembourg. Kockelscheuer is one of the latest buildings to be developed by Extensa and its Luxembourg-based partner Promobe. The building is expected to be delivered in the first quarter of 2022. In a press release BNP Paribas cited Cloche d’Or’s status as a “prime investment grade location” and its commitment to green certified office buildings as attractive reasons for making this purchase.
