Rock Capital plans €500mn in acquisitions
Grünwald-based Rock Capital has drawn a positive balance for the past year: the company announced that it acquired approx. €1.2bn in project investment volume, and let over 100,000 sqm of office space with an annual rental volume of around €17mn. It also spent over €260mn to acquire land and properties for development in Frankfurt and in and around Munich. More than 100 leases were signed in 2018, according to the company. Rock Capital’s letting of around 40,500 sqm to Wirecard in the “Campus One” project in Aschheim near Munich was the largest individual new office rental in Germany in 2018. “We intend to keep buying in 2019, and plan to invest over €500mn in acquisitions,” said Rock Capital CEO Christian Lealahabumrung.
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