Düsseldorf: HIH acquires office building project on Tannenstrasse area
HIH Hamburgische Immobilien Handlung GmbH has acquired an office building ensemble now under construction on the Tannenstrasse area in Düsseldorf's Derendorf district. It is to be the headquarters of the advertising agency Grey Global Group consisting of three landmarked buildings in which 6,700 sqm of office and 850 sqm of archive space will be created as well as a new building with 4,500 sqm of office and 350 sqm of archive space. An underground garage with 110 parking spaces will also be added. The "IdeenBotschaft" ("Embassy of Ideas"), as the building ensemble will be called, is being constructed on a plot measuring 11,500 sqm and was designed by the Düsseldorf architectural office Petzinka Pink. The urban development area "Tannenstrasse" comprises ten hectares and will have Grey as its first anchor tenant.