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Warburg-HIH Invest Real Estate just acquired an office and administrative property development in the district capital of Bergheim near Cologne. Seller is the Tecklenburg Group based in Straelen, which developed the project and is now constructing the building. It is planned to seek a DGNB Gold certification for the new-build scheme, which is already let in its entirety on a 20-year lease to the State of North Rhine-Westphalia, acting on behalf of the district police authority of the Rhine-Erft district. The lettable area of the new building, which is located on Sportparkstrasse, approximates 12,100 square metres. In addition, there are about 340 parking spots on the plot of around 21,600 square metres. The property is earmarked for an individual fund managed by Warburg-HIH Invest. It was agreed not to disclose the selling price.
The property benefits from convenient transport links, and is centrally located within the Cologne/Bonn region. The “Zieverich” rapid transit and regional railway station lies within walking distance. Driving time to downtown Cologne and to Leverkusen as well as to Cologne/Bonn airport is around 30 minutes each, while the A61 motorway is just five minutes away. Overall, the district area is traversed by five motorways (A61, A4, A555, A553 and A1).
The Rhine-Erft district shows positive demographic growth, and its population has increased by around five percent since 2010. The district is also home to a number or research and educational facilities. Its economic structure is characterised by the mid-market sector.
The property was planned by JBR-Partner Rotthoff-Nienhaus Architekten, an architectural firm based in Münster.
Note on image rights: Tecklenburg Group
Source : Warburg-HIH Invest