Warburg-HIH Invest Sells Properties in Krefeld and Münster

• The buyer is PATRIZIA Immobilien AG


• Both properties are occupied on long-term leases

Hamburg/Münster/Krefeld, XX. Juli 2020 – Warburg-HIH Invest just sold an office property in Münster and an industrial property in Krefeld to Patrizia Immobilien AG. Both transactions represented asset deals and were brokered in conjunction with a structured sales process. It was agreed not to disclose the selling prices. “We are pleased to have found in PATRIZIA a renowned investor for two properties occupied on long-term leases,” said Hans-Joachim Lehmann, Managing Director of Warburg-HIH Invest.

The “Portal 10” office building on Albersloher Weg in Münster has a lettable area of 6,562 square metres and 51 car parking spots. Upon its completion in 2010, the multi-tenant property was added to an openended special AIF managed by Warburg-HIH Invest. The weighted average lease term is 6.7 years at the moment.

The industrial property in Krefeld, which is occupied by Siemens, has a lettable area of around 59,000 square metres. This building was raised in 2014 and was up to now held in the portfolio of an individual fund owned by a German superannuation scheme.

“We are pleased to have found in PATRIZIA a renowned investor for two properties occupied on long-term leases.”

Hans-Joachim Lehmann, Managing Director

Warburg HIH Invest