HIH Invest has sold an office property in Dresden’s Waldschlösschen district to SK Group in an asset deal transaction.
The office complex, located at Am Waldschlösschen 2 and 4/Am Brauhaus 5 in the Radeberger Vorstadt district of Dresden, had been held in a fund managed by HIH Invest since 2020. Constructed in 1996, the five-storey property is arranged around three landscaped courtyards and is almost fully let.
The building provides 12,769 sqm of lettable office space alongside 252 underground parking spaces. The multi-tenant asset benefits from its location near Dresden’s Neustadt district, with access to the city centre and regional transport connections via the B6 highway.
“We successfully placed this attractive building complex on the market for our investors at a competitive price,” said Daniel Asmus, Head of Transaction Management Office Germany at HIH Invest. “The location offers an established, quiet, yet very well-connected working environment. Public transport and shops for daily needs are within easy walking distance.”
The sales process was handled by Colliers in Dresden, while Ashurst LLP in Frankfurt am Main advised the seller on legal and tax matters.