Ofi Invest Real Estate has acquired, on behalf of one of its clients, an office building - Cube 10, located in Hamburg. The asset was sold by a fund managed by Amundi Real Estate. The purchase price was not disclosed. Cube 10 offers 9,500 metres squared of flexible office space and is fully let, with an average remaining term of around five years.
The building also offers a good growth potential in terms of rent, considering its high-quality spaces and its excellent location in Hamburg central business district. Located on the corner of Axel-Springer Platz in Hamburg’s central business district, the property benefits from an excellent connection to public transportation. The pleasant canal area and the premium shopping street Neuer Wall are within walking distance, as are the City Hall and the Alster.
Source: propertyeu.info on the 20th of July 2023