Opportunity to refurbish and reposition a vacant office building in central Hamburg to create prime workspace in a heavily undersupplied market.

Joint-venture with local operating partner CELLS Group to acquire, refurbish and modernise an existing 9,000+ sqm vacant office building located in central Hamburg. As a result of new investment, the building will benefit from improved efficiency, flexibility and density as well as enhanced technology, sustainability and wellness credentials. The investment decision is underpinned by both the fundamentals of the Hamburg market and a strong conviction that offices will continue to be a critical element of corporate culture, with increased occupier demand for the highest quality space that is able to serve the evolving trends.
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