POLIS Immobilien AG acquires Technical Centre in Halle/Saale

As part of an asset deal, POLIS has now acquired an office and commercial building in the city of Halle (250,000 inhabitants). The property, built in 1968 and extended by a new building in 1995, is located in the centre of the city and is also known as “Technical City Hall”, because it was mainly used by technical departments of the city administration. The building has a total rental space of approximately 9,300 square meters and is fully let. “The purchase of the office and commercial building fits perfectly into our strategy of investing increasingly in promising secondary locations in addition to Germany’s top 7 cities,” says COO Mathias Gross.