Aik acquires Zollstock-Arkaden in Cologne

Aik acquires Zollstock-Arkaden in Cologne

Published at: 2018-02-22 10:54 | Author: CIJ Europe
Aik has acquired the mixed-use property Zollstock-Arkaden in Cologne. The Düsseldorf-based investment company acquired the property, located in the city’s Zollstock district, for its special fund. The total investment amounts to €46m. The seller was Allianz Lebensversicherungs, which was represented by Allianz Real Estate Germany. The four-story building offers 15,000 sqm of total space and 246 underground parking spots. Zollstock-Arkaden, which was built in 1991, also features 28 commercial units.




Photo: ksta.de

Similar Stories:

Clean Earth Capital to add two more buildings to Novi Nis this month
Clean Earth Capital is set to deliver two new buildings to its Novi Nis mixed-use project  »
Capacity crowd cheers winners of CIJ Awards Romania 2018
The 11th annual edition of CIJ Awards Romania took place at the Radisson Hotel in central  »
Grinda set to sell central Vilnius real estate
Grinda UAB, a company owned and operated by the Vilnius City Municipality, is set to sell  »
Quality rewarded at CIJ Awards Serbia/SEE 2018 in Belgrade
The third CIJ Awards Serbia/SEE took place in Belgrade this week at the Hyatt hotel with a  »
And it’s not just shift workers to man the machines and assembly lines and to stack good   »
Czech Republic  ♦  It‘s Prague 4 vs. The World
Prague 4 appears to have done away with formalities and diplomatic language and made it cl   »
This reflected economic and political reality, as the country is being pulled in differing   »
In Brno, Messe Düsseldorf, the German majority shareholder in Veletrhy Brno, has even hal   »