Union Investment secures long-term lease renewal and expansion with HIL in Bonn-Hardtberg
Union Investment has extended and expanded its lease agreement with HIL Heeresinstandsetzungslogistik GmbH for office space in Bonn-Hardtberg, reinforcing a long-standing tenant relationship. The agreement includes a ten-year extension on 8,680 square metres of existing office space and an additional lease of 2,170 square metres for the same term, addressing HIL’s growing space requirements.
HIL has occupied the property at Josef-Wirmer-Strasse 2–8 since 2005. The building has been part of the UII GermanM special real estate fund portfolio since 2016. With the new agreement in place, the total lease term for HIL could reach up to 30 years, marking a significant milestone in the fund’s asset management strategy.
Sven Lintl, Head of Asset Management Germany at Union Investment, commented on the deal: “The successful renewal and expansion of this lease highlights the value of stable, long-term partnerships in high-performing office properties. It also demonstrates the effectiveness of sustainable asset management and the importance of maintaining strong tenant relationships.”
Located in the western part of Bonn, the property sits in a district known for its concentration of office buildings and proximity to various federal ministries. The city centre is approximately 15 minutes away by car, adding to the property’s strategic appeal.
HIL GmbH, a federal government-owned company, provides planning, management, and execution of maintenance services for most of the Bundeswehr’s land-based military systems. Headquartered in Bonn-Hardtberg and employing around 3,000 people, HIL has supported the Bundeswehr since 2005, working closely with military logistics teams, defence technology firms, and SMEs in the sector.