HIH Invest Real Estate GmbH (“HIH Invest”) just acquired a storage and manufacturing warehouse of 6,193 square metres, located at Bordeaux-Strasse 3 in Bremen. The property was sold by KBK Immobilien UG & Co. KG, a management company owned by Emotion Warenhandels GmbH, the trading company which rented the building on a twelve-year lease that includes a renewal option. The acquisition took the form of an asset deal on behalf of “HIH Deutschland+ Core Logistik Invest,” an open-ended special AIF. The company Robert C. Spies Industrial Real Estate GmbH & Co. KG acted as adviser and estate agent during the transaction.
The building, constructed in 2011/2012, occupies a plot of nearly 13,000 square metres and features a roof-mounted photovoltaic system. Out of the total lettable area of 6,193 square metres, warehouse space accounts for 5,853 square metres, and office and social areas for 340 square metres.
Source: cijeurope.com on the 24th of January 2023
https://cijeurope.com/en/hih-invest-buys-logistics-property-in-bremen/post.html