AviaRent opens micro-apartment house in Cologne

The object acquired for the fund MikroQuartier I in the popular district of Cologne-Deutz, was recently completed and opened for the first tenants on 1 August 2017.

The project was acquired by the "Mikrowohnen Wetzlarer Straße GmbH & Co.KG", a project company of the project developer from Duesseldorf, for around 20 million euros. The transaction GermanInvest from Düsseldorf was used as intermediary. Based on the corporate identity principle of the MicroQuartier portfolio, the building was named following the street name and the house number: "We18 - welcome home!"

The We18 has a total of 137 residential units, 28 underground parking spaces and 10 outside parking spaces. The 137 residential units are divided into 1-3 room apartments as well as apartments in WG. All apartments are fully furnished and have all the lighting as well as a separate bathroom. The building is located on the corner of Wetzlarer Straße / Nassausstraße in the immediate vicinity of the location of the Cologne Technical University on Betzdorfer Straße.

The management and rental of the apartment house is handled by VEGIS Immobliien Verwaltungs- und Vertriebsgesellschaft mbH from Neu-Isenburg. You can find more information about the property as well as the individual apartments at www.we18.de.