German fund mnager Values Real Estate has acquired a multitenant property for its Values Prime Locations fund from Deka Immobilien Investment. Financial details were not disclosed. The asset comprises an office and retail building at Grosse Elbstrasse 14, west of the Port of Hamburg, and an office building at Buttstrasse 3 at the rear of the property.
The two properties together have around 5,000 sqm of rental space with 43 parking spaces. They are used by eleven tenants. The prestigious six-storey office and commercial building on Grosse Elbstraße has an unobstructed view of the Elbe and is located directly opposite the famous fish auction hall at the Port of Hamburg.
Source: https://propertyeu.info/Nieuws/Values-buys-Port-of-Hamburg-multi-tenant-site-from-Deka/c3d73a4c-6e2a-489f-adc4-d9d2716d38b9, on 12 April 2023