Berlin, 23 February 2017 – The Berlin-based company Capital Bay GmbH (Capital Bay) has acquired a residential complex including a commercial unit in Bonn. The seller was FFIRE Immobilienverwaltung AG (FFIRE). The property comprises around 12,500 m² of residential space and 8,100 m² of commercial space, as well as 780 parking spaces. The purchase price is in the mid eight figures.
FFIRE renovated the property extensively in 2015 and 2016. The building has been transferred fully let and the tenants of the commercial unit have long-term rental agreements.