Following the opening of Mall of Berlin, High Gain House Investments (HGHI) continues its expansion on the German market. The company recently bought two conjoining properties on the city’s Leipziger Platz from Höchst Pensionskasse that it plans to remodel into locations for international retail chains. HGHI intends to invest €100m into the buildings. Ley Jesch Racky and Meyer Partner advised HGHI in the deal.
Mall of Berlin, which opened in September, is also located on Leipziger Platz. The scheme includes 80,000 sqm of retail space, 30,000 sqm of residential space and a hotel.