Hamburg-based real estate group Hamburgische Immobilien Handlung (HIH) has acquired the maxCologne project from developer Hochtief prior to the start of construction. The office project in Cologne has been purchased for an institutional special fund of Warburg-Henderson in which Rheinische Versorgungskassen is the sole investor. The financial details were not disclosed but Thomas Daily reported the investment volume to acquire maxCologne and anotehr property was EUR 235 mln.
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