GEG has acquired the "HELIO" in Augsburg, a business, service and office center including an underground garage, located in a prime central location right next to the main station, as part of an off-market transaction. Over the past three years, the seller, ASG, Jersey, has extensively refurbished the complex of 36,000 sqm lettable space and about 12,000 sqm property area and modernized and redesigned it to become an attractive hotspot.
The fully let HELIO has a diversified mix of tenants with renowned main tenants such as Deutsche Bahn, REWE, dm and Check24.
The ensemble was reopened as HELIO in autumn 2018 after a repositioning including profound renovation. With its striking appearance, the yellow illuminated façade area and the extensive visibility from all directions, the service and business center as a character is defining the cityscape.