KGAL fund sells residential complex near Cologne

KGAL fund sells residential complex near Cologne

The KGAL Wohnen Core 2 fund, managed by KGAL, has sold a residential complex with 254 rental units in Brühl near Cologne, to Domicil Real Estate AG.

The property comprises a total of 19,826 square metres of rental space on Kolpingplatz, northwest of Brühl’s city centre.

The space is divided into 249 residential and five commercial units as well as 138 underground car parking spaces.

The property dates back to 1974 and underwent energy refurbishment in 2012 and 2014.