Warburg-HIH Invest acquires residential and commercial complex in Cologne

• Property to be included in individual fund


• Further acquisitions planned

Hamburg, Cologne 31 January 2018 – Warburg-HIH Invest Real Estate (Warburg-HIH Invest) has acquired a residential and commercial complex in Cologne for an individual fund at the end of 2017. The building, renovated in 1985, is located in the city’s Sülz district and has a total rental space of 7,556 square metres, of which 49 percent is commercial space and 51 percent is residential space. The complex also has 100 underground parking spaces and 36 spaces above ground. The parties agreed to maintain discretion about the purchase price. The Barton Group has been assigned with the asset and property management for the complex. “The high demand for apartments and commercial space in Cologne ensures a high degree of earnings security for mixed-use buildings in this inner-city location,” commented managing director Dominik Barton, who was also closely involved in the acquisition and in implementing the transaction.” CBRE Valteq and Kucera Rechtsanwälte acted as the legal advisors for the buyers.

“Institutional investors are increasingly valuing residential and commercial properties in German city centres as assets. The properties promise stable cash flows and a steady appreciation in value in return for
manageable individual investments,” said Hans-Joachim Lehmann, Managing Director at Warburg-HIH
Invest and responsible for Transaction Management Germany. “They are highly suitable for diversifying across different locations and usage types.”

"The high demand for apartments and commercial space in Cologne ensures a high degree of earnings security
for mixed-use buildings in this inner-city location.”

Dominik Barton, Managing Partner,

Barton Group

"Institutional investors are increasingly valuing residential and commercial properties in German city centres as assets. The properties promise stable cash flows and a consistent appreciation in value in return for manageable individual investments. They are highly suitable for diversifying across different locations and usage types.”

Hans-Joachim Lehmann, Managing Director and responsible for Transaction Management Germany,

Warburg-HIH Invest