Korean investors buy former Lufthansa HQ in Cologne
Hyundai Asset Management has acquired the former Lufthansa headquarters in Cologne-Deutz for a Korean investor club led by Mirae Asset Daewoo, according to media outlets. A sales price was not disclosed.
The seller was M&G Real Estate.
The 20,414-square-meter (219,734-square-foot) building at Deutz-Mülheimer Straße 20/Von-Gablenz-Straße 2-6 is leased to the Federal Agency for Real Estate Tasks (Bima) on a long-term basis.
