Quest Investment Partners has acquired Haus Hohenzollern in Frankfurt am Main from Gateway Real Estate AG. Originally built as a hotel in 1910, the seven-storey historic building is the first property the company purchased in Frankfurt. Located on Dusseldorfer Strasse 1-7, it compromises c. 7,200m² of office and commercial space. The property benefits from a central location, and the City of Frankfurt latest retail and catering project in the immediate vicinity of the building will only further boost the attractiveness of the scheme in the future.
The asset is due for planned renovation, with works including facade restoration, refurbishment, and redevelopment of the ground floor area. The company was advised by Cushman & Wakefield LLP and Jebens Mensching LLP. The purchase price was not disclosed.
