HIH Invest secures PARK ONE as operator for underground car park in Nuremberg

HIH Invest Real Estate GmbH has announced a long-term lease agreement with Munich-based operator PARK ONE for the underground car park at Rosa-Luxemburg-Platz in Nuremberg. The agreement, set to commence after the completion of renovations in spring 2025, marks PARK ONE’s first venture in Nuremberg.

The underground facility, located beneath Rosa-Luxemburg-Platz, features 268 parking spaces, including e-charging stations. A unique aspect of the car park is its integration with sections of Nuremberg’s historic city wall, offering a blend of modern convenience and historical preservation. Renovation work on the car park began in 2024 to incorporate advanced parking technology and customer-friendly design elements.

Carina Orthen, Head of Letting Management Munich at HIH Invest, emphasized the early collaboration with operators to tailor the renovation process:
“We engaged potential operators before the renovations began to ensure their requirements, such as the placement of electric charging stations and color schemes, were incorporated. We are thrilled to welcome PARK ONE as an experienced and innovative operator.”

Founded in 2009, PARK ONE manages 40 locations across Germany with a focus on cutting-edge technology and customer-centric service. Andreas Mahnert-Lueg, managing director and owner of PARK ONE, expressed enthusiasm for the partnership: “Opening our first location in Nuremberg at Rosa-Luxemburg-Platz is an exciting milestone. With advanced parking technology and dedicated on-site managers, we aim to make parking a seamless and pleasant experience. This commitment sets us apart and highlights our dedication to customer satisfaction.”

The car park is strategically located near Nuremberg Central Station, a multiplex cinema, and the Natural History Museum, ensuring high accessibility and convenience for visitors. The renovations aim to meet modern demands while preserving the historic features of the property, adding a unique touch to the city’s infrastructure.

With this agreement, HIH Invest continues its strategy of enhancing urban spaces by combining innovation with heritage, reinforcing its position as a leader in sustainable and forward-thinking real estate development.