Hamburg, January 29, 2019. HanseMerkur Grundvermögen AG has acquired the fully-leased “Office Center Überseestadt” for one of its open real estate special funds from companies of the Gustav Zech Foundation in central city suburbs.
The project location is located about three kilometers west of the Bremen city center and the central station in a central location of Bremen’s Überseestadt, one of the largest urban development projects in Europe. The building complex with a rental area of around 22,000 m² will be built in two phases. The first component including parking garage was completed in August 2018; the second construction phase is expected to be ready by the end of 2019. A high-quality equipment and high surface flexibility characterize the architecturally attractive building.
Martin Brendel, Head of Investment at HanseMerkur Grundvermögen AG, says: “The overall ensemble impresses with state-of-the-art qualities and extremely flexible distribution options. In addition, the project location with its proximity to the city center, the location on the Weser and of course the occupancy rate of 100 per cent of well-known addresses quickly convinced us. ”
Wolfrat Voigt, Managing Director of the vendors: “We are pleased that we have succeeded in reconciling urban planning, architecture, manufacturing quality and utilization concept at a high level.”
About HanseMerkur Grundvermögen AG
HanseMerkur Grundvermögen AG bundles all real estate activities of the HanseMerkur insurance group under one roof. It is responsible for the management of a significant, steadily growing real estate asset and is establishing special real estate funds and other investment vehicles in which other institutional investors can participate in addition to the insurance companies of HanseMerkur. Further information at www.hmg.ag.