FRANKFURT AM MAIN, HESSE, GERMANY (January 2020) – J.Fink Druck GmbH has now found a buyer for its premises in the town of Ostfildern in the German state of Baden-Württemberg. As part of the transaction, J.Fink Druck GmbH has leased back the building with a triple net contract and a fifteen-year term, plus two five-year options
The entire plot spans some 12,000 m², including roughly 5,200 m² of usable floor space. The space is used for production, office and warehouse functions, with the shop floor measuring approximately 4,000 m² while the office and warehouse facilities take up the remaining 1,200 m².
The buyer is a Swiss public company. FalkenSteg Real Estate, the consultant on the deal under the direction of Christian Alpers, specialises in sale-and-leaseback property transactions. From the printing company’s perspective, the sale supported J.Fink’s overall financing strategy.
About J.Fink Druck GmbH
J.Fink Druck GmbH is a subsidiary of the Europe-wide Printers Group. Using state-of-the-art presses at its facility in Ostfildern, near Stuttgart, J.Fink prints sophisticated and high-quality catalogues, brochures, promotional materials and inserts in special formats and a variety of folds.