Amundi Immobilier acquires 5 offices from Warburg-HIH’s

Amundi Immobilier acquires 5 offices from Warburg-HIH’s

Published at: 2019-04-02 09:05 | Author:
Warburg-HIH Invest has closed on the disposal of five office properties to real estate funds managed by Amundi Immobilier under an agreement reached in late 2018. The assets are located in the cities of Berlin (Potsdamer Platz), Frankfurt (Oper 46 and Schillerstrasse) and Hamburg (Brooktorkai and Valentinshof). Their combined gross lettable area is above 70,000 square metres. The portfolio has a a mix of blue-chip tenants from a variety of industries. The Oper 46 building in Frankfurt was let to the co-working provider The Office Group on a fifteen-year lease in 2018. Amundi Immobilier's funds focus on core properties in Europe’s core markets.

“With this transaction, we are completing the largest portfolio sale in the company’s history,” said Hans-Joachim Lehmann, Managing Director of Warburg-HIH Invest. “It is a German property portfolio of exceptional value and outstanding performance in a market that will continue to serve as a stabilising anchor.” Amundi Immobilier was supported by L’Etoile Properties for commercial aspects, by Clifford Chance in legal matters as well as Drees & Sommer on technical issues. The seller was advised by Ashurst while the transaction itself was brokered by JLL.

Photo: Warburg-HIH

Similar Stories:

Szczecin’s total office stock tops 161,000 sqm
The total office stock in Szczecin has topped 161,000 sqm, most of which is located in the  »
Katowice’s total office stock reaches 528,000 sqm
Katowice’s total office stock grew 10 percent over the year to nearly 528,000 sqm at the  »
Duna investing €1.2m in Skopje administrative center
Duna broke ground on an administrative, development and logistics center in Skopje. The co  »
Svoboda & Williams Mediated the Lease of 2,952 sq. m. of Office Space for the C2H Investment Group
The Nile House office building, which offers 19,000 sq. m. of administrative space, is now  »
With demand for modern office space in Athens growing on a daily basis, developers and inv   »
HB Reavis broke into the big leagues by being aggressive on rents, building office space t   »
How would you describe the tenant mix at Mindspace? Co-working is a solution that takes i   »
You’re part of the HB Reavis group, which is an increasingly powerful player in office d   »