By Frank Prenesti
Date: Thursday 01 Jul 2021
LONDON (ShareCast) - (Sharecast News) - Infrastructure investment company International Public Partnerships said it had reached financial close on a new police headquarters in South-East Hesse in Offenbach, Germany.
The company said it had invested €9.5m for a 45% stake in the project. Financial close of the project took place after construction reached completion and handover to the Federal State of Hesse.
The project was awarded in December 2017 to a consortium comprising INPP Public Infrastructure Germany GmbH & Co. KG, Amber Infrastructure GmbH, and Goldbeck Public Partner GmbH.
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