BEOS acquires business park with 24,500 sq m of leasable space in Hamburg

BEOS AG has expanded the portfolio of the ‘BEOS Light Industrial Germany I’ special fund with the acquisition of a business park in Hamburg’s Billbrook district. The property was purchased from a consortium led by INBRIGHT Development and Convalor Projektpartner GmbH and includes a mix of newly constructed and existing buildings.

The Brookkamp business park consists of two newly built halls covering 10,000 square metres, a multi-storey car park, and three existing buildings. The total rental area spans 19,500 square metres of storage and production space and 5,000 square metres of office space. The newly constructed halls are designed to meet high sustainability standards, featuring photovoltaic systems for decentralized power generation and heat pumps to reduce dependence on fossil fuels. They also comply with the BEG40 EE standard set by Germany’s KfW development bank, and DGNB Gold certification is being pursued.

Johannes Bensing, Project Manager at BEOS AG, emphasized the strategic value of the acquisition, noting that the location and diverse tenant structure align well with the investment goals of the ‘BEOS Light Industrial Germany I’ fund. His colleague, Hendrik Aschoff, highlighted the flexibility of the property for different uses and the energy-efficient design, which is a rare combination in this area.

The Hamburg-Billbrook location was a key factor in the acquisition. According to Dajana Morasch, project manager at INBRIGHT, the transaction underlines the district’s attractiveness and the quality of the development. She noted that the sale of modern, sustainable light industrial properties in prime locations reflects strong demand from both users and institutional investors.

Located on Berzeliusstrasse and Billbrookdeich, the business park is well connected by transport infrastructure. It is situated a few hundred metres from the B5 federal highway and close to the A1 motorway, with several public transport options in the immediate vicinity.

The acquisition was made for the ‘BEOS Light Industrial Germany I’ fund, an open-ended special real estate AIF launched in 2020 in partnership with Swiss Life Kapitalverwaltungsgesellschaft mbH. This fund is targeted at institutional investors and provides access to Germany’s corporate real estate market. The strategy focuses on mixed-use commercial properties in economically strong regions, covering office, manufacturing, service, warehousing, distribution, and laboratory spaces, all with high third-party usability. BEOS AG serves as the asset manager, while Deka Immobilien oversees sales and coordination on behalf of investors.