Corestate acquires former headquarters of perfume brand 4711 in Cologne

Corestate Capital Holding S.A. has acquired one of Colognes landmarks, former headquarter of perfume brand 4711, to realize an apartment hotel project with a projected market value after realisation of approximately €60m. The re-development asset, located in the very dynamic district of Ehrenfeld, benefits from direct access to shopping amenities,…