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Hines Buys Cologne Mixed-Use Development for Around €170 Million

The Property Was Sold by Proximus and Quantum
The Friesen Quartier comprises six properties in the city centre of Cologne. (Hines)
The Friesen Quartier comprises six properties in the city centre of Cologne. (Hines)

Hines said it has bought a 25,173-square-metre mixed-use development featuring six properties in the city centre of Cologne, Germany. No financial details were disclosed, but CoStar News understands that Hines paid around €170 million for the Friesen Quartier.

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