German insurers Nurnberger Lebensversicherung and SV SparkassenVersicherung Gebaudeversicherung have sold the Kurfursten Galerie shopping mall in Kassel to a Dutch investor. The parties declined to reveal the identity of the buyer or the price.
German insurers Nurnberger Lebensversicherung and SV SparkassenVersicherung Gebaudeversicherung have sold the Kurfursten Galerie shopping mall in Kassel to a Dutch investor. The parties declined to reveal the identity of the buyer or the price.
The 21,300 m2 centre was opened in 1991 as the first shopping mall in the centre of Kassel. Tenants include the Spielbank Kassel and a Movenpick hotel.
The transaction was brokered by Colliers Brautigam & Kramer in Stuttgart.
