Atenor has announced the sale of a mixed-use building called Am Wehrhahn located in Dusseldorf, Germany. The project is situated in one of the most highly frequented and popular streets of the city centre at Am Wehrhahn 43. It is located a short distance from the metro and is just a few steps away from the dynamic commercial high-streets Konigsallee and Schadowstrasse.
The development encompasses a total area of 4,247m2, out of which 2,900m2 are dedicated to residential space. This space includes 33 furnished and smart apartments. Additionally, 1,350m2 are designated for retail space with a long-term lease agreement secured with REWE.
“Am Wehrhahn is the first project developed by Atenor in Dusseldorf. Despite the asset’s excellent location and full occupancy, Atenor faced challenges in a sluggish German investor market. However, this project showcases Atenor’s capacity to develop high-quality mixed-use developments in urban regeneration zones. The incorporation of retail and residential elements, coupled with smart building technology for digital native users, adds significant value for tenants.” commented Michael Kobs, Country Director, Atenor Germany,
Image provided by Atenor.
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