Wednesday, 22 April 2026
CA Immo has completed the sale of a long-distance bus station and a multi-storey car park located at Frankfurt Central Station. The transaction was concluded at a premium to the combined book value of the assets.
The disposal aligns with the company’s strategy to focus on high-quality Class A office buildings in central locations, alongside the divestment of non-core assets.
Hedwig Höfler, Group Head of Investment Management at CA Immo, said: “The transaction is another logical step in the implementation of our portfolio strategy. With the sale of these non-core assets, we are strengthening our capital allocation and creating additional scope for investments in our core business – modern, sustainable Class A office properties in central European metropolitan locations. This also includes our current project developments such as the Anna Lindh Haus in Berlin. At the same time, this transaction marks the sale of the last parking garage in our German portfolio.”
Both assets were originally developed by CA Immo, which owns the wider site, including the neighbouring InterCityHotel. The company had previously considered developing an office tower on the site of the car park, as part of Frankfurt’s high-rise framework plan under the “Campanile” project, which envisaged a building of up to 85,000 sqm and a height of 160–200 metres.
However, due to delays in the planning process, uncertainties related to Deutsche Bahn AG’s redevelopment plans for the station, and changes in market conditions, CA Immo decided not to pursue the project and instead proceeded with the sale.
The car park provides 349 spaces across 11 levels and includes a bicycle parking facility on the ground floor. It is located on a 4,100 sqm plot on Stuttgarter Strasse, south of the station. The adjacent long-distance bus station occupies approximately 1,200 sqm and is leased long-term to FlixBus.
BNP Paribas Real Estate GmbH advised on the transaction, while McDermott Will & Schulte provided legal counsel to CA Immo.
