Tuesday, 9 December 2025
HIH Invest has purchased the “Quartier auf dem Flugfeld” residential complex in Böblingen, Baden-Württemberg, for its open-ended special AIF HIH Wohninvest Quartiere Deutschland. The asset was sold by Hamburg-based HT Group, which originally acquired it in 2013 for the closed-end fund domicilium 7.
The property, completed in 2012, is fully occupied and offers around 10,300 sqm of lettable space. It includes 121 residential units, one ground-floor commercial unit and an underground car park with 181 spaces. The buildings are located on Albrecht-Berblinger-Weg, Auguste-Piccard-Weg and Wilhelmine-Reichard-Weg within the emerging “Flugfeld” district – a major redevelopment area on a former airport site between Böblingen and Sindelfingen.
Flats range from two to four rooms, each with a balcony. The location offers access to local amenities, leisure options and medical services, while Böblingen’s main station is roughly a ten-minute walk away. The new quarter features green spaces, the Lange See lake and the Stadtgarten park, and is considered one of the Stuttgart region’s significant urban development sites.
Tom Kircher, Senior Fund Manager at HIH Invest, says: “With the purchase in Böblingen, we are securing a modern, fully let residential property in one of Germany’s strongest economic regions for our investors. The investment provides an immediate stable cash flow and benefits from the long-term high demand for housing in the Stuttgart area. There is also attractive potential for rent increases.”
Böblingen, home to around 50,000 residents, forms part of the wider Stuttgart metropolitan area and hosts numerous technology and automotive firms. The ongoing development of the Flugfeld district includes the new Flugfeldklinikum hospital, expected to open in 2028 with roughly 700 beds and 2,200 jobs.
Nadine Robra, Head of Transaction Management Residential at HIH Invest, notes: “The balanced mix of apartments appeals to singles, couples and families alike and contributes to a sustainable mix in the neighbourhood. With the planned opening of the new Flugfeldklinikum hospital in 2028, we expect additional demand at the location due to the influx of employees.”
Commenting for the seller, Andreas Stegmann, CEO of HT Group, says: “We consider it a great success that a high-profile and trustworthy investor has chosen the property in Böblingen. The transaction illustrates that high-quality residential properties in good urban locations continue to be in high demand even in an environment characterised by uncertainty and volatile financing conditions, and are considered a stable, crisis-proof investment.”
Clifford Chance in Frankfurt/Main advised on legal and tax due diligence, while Drees & Sommer in Frankfurt/Main carried out technical and ESG due diligence.
