AIF Capital Group has signed a lease agreement with TEDi GmbH & Co. KG (TEDi) for 1,550 m² of retail and ancillary space in the parking and commercial building Am Kronengarten 4-14 in Hilden, North Rhine-Westphalia. The reopening of the enlarged area is planned for October 22, 2025. The property is in the portfolio of the open-ended special AIF Parkhausfonds I. The focus of the investments is on multi-storey car parks, underground car parks and retail. The lease has a term of 10 years.
Attractive city centre location with a strong tenant mix
The Am Kronengarten park and commercial building combines 302 parking spaces in a highly frequented inner-city location with around 2,500 m² of commercial space on the ground floor. The convenient location parallel to the Mittelstraße pedestrian zone makes the property a central point of contact for retail and local supply in the city of Hilden. In addition to TEDi and the organic market denn’s, there is also a hairdressing salon on the ground floor.
“The expansion of TEDi underlines the attractiveness of our commercial space in a prime city centre location. The demand from established retailers and the ongoing discussions with other interested parties show the high potential of the location,” explains Thomas Häbich, Managing Director at AIF.
Parking garage as a guarantor of customer attractiveness
The multi-storey car park is managed by a long-term lease agreement with Contipark. The combination of tenants with strong credit ratings, a central location and good accessibility ensures the high attractiveness of the location and strong demand for the multi-storey car park – a decisive factor for the attractiveness of the commercial space.
