KGAL sells Deutsche Telekom’s global headquarters on behalf of South Korean institutional investors

Grünwald, 20/07/2022 – KGAL GmbH & Co. KG successfully sold Deutsche Telekom’s 81,000 sqm (approximately) global headquarters, located in Bonn. The company acted both as part owner of the property and as transaction advisor to the majority owners, several South Korean institutional investors. The modern headquarters in Bonn’s federal district, which were partially refurbished in 2017, are let on a long-term lease and were acquired by Art-Invest Real Estate.

“With the sale of the property, we were able to successfully conclude the engagement for our Korean partners,” explains André Zücker, Managing Director Asset Class Real Estate at KGAL Investment Management GmbH & Co. KG.

You can now read the full press release at the link below

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