Sunday, 1 February 2026
HIH Invest has sold the justice centre located at Rudolfstraße 46 in Erfurt. The buyer is KGAL Investment Management GmbH & Co. KG. The transaction was structured as an asset deal and involved a property held in a fund managed by HIH Invest. The parties agreed not to disclose the purchase price.
The Erfurt Justice Centre serves as a central administrative and judicial location for the Free State of Thuringia, which is the sole tenant under a long-term lease. The fully let property offers approximately 19,400 sq m of rental space and provides 225 parking spaces, including 97 in an underground car park.
The building complex accommodates several judicial institutions, including the local court, the regional labour court, the regional social court and the public prosecutor’s office. Additional uses include service areas and a staff canteen.
According to Daniel Asmus, Head of Transaction Management Office Germany at HIH Invest, the sale reflects strong investor demand for long-term leased properties with public-sector tenants. He noted that the asset combines stable income with long-term prospects at the location.
Completed in 1999, the property is situated in Erfurt’s Petersberg administrative district. It features flexible floor layouts, with standard floors of around 2,900 sq m that can be subdivided into up to four units. Ceiling heights exceeding three metres allow for a range of office configurations.
BNP Paribas Real Estate supported the marketing of the property, while legal advice was provided by Norton Rose Fulbright.
Photo source: BNP Paribas Real Estate
