Hannover Leasing sells mixed-use in Freiburg for €88m

Hannover Leasing has sold a large property complex featuring offices, retail spaces, and railway facilities in Freiburg, Germany.

Bahnhofszeile Freiburg

The acquisition price for the Bahnhofszeile Freiburg was €88 mln. The buyer is a southern German family office, with the transaction finalised at the end of 2025.
The Bahnhofszeile Freiburg is a centrally located, integrated real estate complex that combines office, retail, and rail infrastructure. The property comprises approximately 32,600 m² of leasable space, distributed across two office towers, a row of shops, and railway operational areas, including the integrated station concourse. The complex also includes an underground car park with 278 spaces.
The sale resulted in a pre-tax return of 400% for investors.
Stefan Ziegler, managing director at Hannover Leasing, said: “The Bahnhofszeile Freiburg is an exceptional property at the intersection of real estate and infrastructure. This successful sale confirms the sustainable quality of the location and the attractiveness of long-term leased, functionally integrated properties for both institutional and private investors.”
Manuel Backfisch, head of Capital Markets B&C Cities Germany at Colliers, added: "The sale of an entire train station is a significant achievement. This high transaction volume for a B&C city like Freiburg underscores the increasing importance of regional growth cities outside of Germany’s 'Top Seven' locations. The high quality of the tenant portfolio makes the Bahnhofszeile particularly attractive for the long term.”
Colliers managed the marketing process, while Arnecke Sibeth Dabelstein advised Hannover Leasing, and CMS advised the buyer.