HIH Invest sells mixed-use property in Bonn to German family office
HIH Invest Real Estate (HIH Invest) has completed the sale of a residential and commercial building in Bonn city centre to a German family office as part of an asset deal. The property, located at In der Sürst 3, was originally acquired by HIH Invest in 2019 for one of its managed funds.
The building offers a gross lettable area of 1,911 square metres, comprising 1,158 square metres of retail and hospitality space, 502 square metres of office and practice units, 190 square metres of residential space, and 61 square metres of storage. The fully leased property’s main tenant is L’Osteria, a well-known restaurant chain.
“Despite the challenging market environment, we successfully placed the residential and commercial building on the market after an intensive marketing process,” said Jens Nagelsmeier, Head of Transaction Management Retail & Healthcare at HIH Invest. He noted that family offices with strong credit ratings remain active in acquiring core and core+ properties.
Originally built in 1997 and refurbished in 2013, the mixed-use property enjoys a prime location in a high-traffic pedestrian zone in central Bonn. It is within a five-minute walk from Münsterplatz, the university, and the main train station, making it highly attractive for both tenants and investors.
Real estate agency Lührmann played a role in marketing the property.
Photo: Jens Nagelsmeier, Head of Transaction Management Retail & Healthcare at HIH Invest