Bonn: Kruse Real Estate Group buys ADAC-Haus
Kruse Real Estate Group of Cologne has acquired the seven-story office building on Godesberger Allee 127 in Bonn-Friesdorf, known as the ADAC-Haus, for an amount in the double-digit millions. The 5,000 sqm property was built in 1975 by the automobile club, who still leases the ground floor. The building was sold by a group of private Spanish investors. The new owner wants to continue the refurbishment of the fully leased building that was started last year. This is the Kruse group’s first project in Bonn.
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