CMC buys €27 million Stuttgart commercial park

CMC Capital, the commercial property investment specialist, has announced the purchase of a €27 million commercial park in Stuttgart.

The Boblingen Technology Park is anchored by Agilent, a US plc, on a long lease and will initially generate a yield of 7.5 per cent.

It is 4.5 hectares in size and houses 2,000workers.The park also has its own train stop on the main commuter line.

Permission has also been granted for the construction ...