A milestone for the flagship DEUTSCHLANDHAUS project in Hamburg: ABG Real Estate Group has secured long-term financing of €240 million for the striking new building at Gänsemarkt. The funds come from a banking consortium comprising UniCredit/HypoVereinsbank, Bayerische Landesbank, and Landesbank Baden-Württemberg, led, structured, and coordinated by UniCredit/HypoVereinsbank. The fully leased DEUTSCHLANDHAUS will commence operations at the end of May. It is one of the most significant large-scale projects in the Hanseatic city in recent years.
Hamburger Sparkasse AG (Haspa) is the long-term main tenant in DEUTSCHLANDHAUS and launched full operations of its new headquarters in early May 2024, in addition to opening a branch. As the anchor tenant, Haspa occupies the majority of the rental space with 30,800 square metres of office space and 1,600 square metres for the new neighborhood branch. The handover took place shortly before the turn of the year 2023/2024. Since then, the financial institution has advanced the setup and IT equipment and fully moved in by the end of April.
Source: abg-group.de on the 17th of May, 2024
https://abg-group.de/en/news/article/abg-real-estate-group-secures-eur240-million-financing-for-deutschlandhaus-tenants-begin-operations