The success story of the I/D Cologne district continues as Art-Invest Real Estate and OSMAB Holding AG announced the sale of the HANGAR building to a German family office. This marks the second major sale within the district this year, following the sale of the Moxy Hotel in October. The HANGAR, a detached, four-storey building with a total floor area of 7,000 square meters, combines office, fitness, and gastronomy spaces. The property is a standout in the urban district for its sustainable design and innovative technology. Equipped with smartengine-wtec technology, the building efficiently manages resource consumption, reducing CO2 emissions and operating costs. It meets stringent ESG standards and is in the process of obtaining LEED Gold certification. Key Tenants and Features • Office Space: The second and third floors, spanning 3,800 square meters, house the German branch of Japan Tobacco International (JTI). The company’s 150 employees benefit from modern facilities, including balconies on each floor, a 200-square-meter private roof terrace, bicycle parking with showers, and an underground car park equipped with electric vehicle charging stations. • Fitness Club: Basic-Fit operates a state-of-the-art fitness studio within the HANGAR, offering 2,300 square meters of space across two floors. With cutting-edge equipment, diverse workout classes, and a modern design, the club caters to both professionals and local residents. • Gastronomy: The Coq au Vin restaurant enhances the district’s culinary offerings with French-inspired cuisine, a stylish interior, and a 200-square-meter terrace surrounded by greenery, attracting a diverse and international clientele. The sale of the HANGAR is part of the broader development success of I/D Cologne. The district has now seen all six of its completed buildings sold to high-profile investors, including STRABAG Hold Estate and BNP REIM for a French insurance fund. “The HANGAR plays a vital role in the mixed-use concept of I/D Cologne,” said Arne Hilbert, Managing Director at Art-Invest Real Estate. “Its sustainable and intelligent design makes it an attractive investment, even in today’s challenging market conditions.” Holger Kirchhof, Managing Director of the I/D Cologne companies, added, “The sale to a professional family office underscores the enduring appeal of I/D Cologne. This district has proven to be a profitable and forward-looking business location.” The HANGAR’s sale reaffirms I/D Cologne’s position as a premier business hub. The district’s focus on sustainability, innovation, and diverse usage ensures its continued growth and appeal. The purchase price remains undisclosed.