HIH Invest Real Estate has secured the Cecilienpalais office property in Düsseldorf, expanding its portfolio with a strategic acquisition in one of Germany’s most desirable riverside locations. The asset, which forms part of the open-ended special AIF Deutschland Selektiv Immobilien Invest II, underscores the firm’s focus on core, energy-efficient office buildings in top-tier German cities.
The four-storey property at Cecilienallee 10, completed in 2010, offers 3,245 square metres of modern rental space and includes 60 underground parking spaces. Fully clad in natural stone and nearly 100% occupied, the building is distinguished by its high-quality interior finishes and adaptable floor plans, providing both stable income and significant reletting flexibility. Though the purchase price remains undisclosed, the location and asset profile suggest strong long-term value growth, especially given the area’s consistent demand.
Source: europe-re.com on the 6 June 2025
https://europe-re.com/hih-invest-acquires-cecilienpalais-in-dsseldorf-s-prime-rheinboulevard-submarket/74315