Bremen, 20. December 2019 – Warburg-HIH Invest Real Estate (Warburg-HIH Invest) just let two office units with a combined usable area of 1,070 square metres at the mixed office/retail building Am Wall 137-139 in the town centre of Bremen. Stena Logistics GmbH signed a long-term lease for an office unit of around 490 square metres located in the building. Another office unit of 580 square metres was let on a long-term lease to TO Global Holding GmbH. The signings bring the occupancy rate in the building up to 86 percent. Roughly 600 square metres of office accommodation on the fourth floor are still available to prospective tenants at this time. The building has an in-house passageway directly connecting the street Am Wall with the town centre of Bremen. The prestigious office and retail building is owned by Warburg-HIH Invest and one of the assets held in the “Deutschland Selektiv Immobilien Invest” open-ended special property fund. The lease negotiations were conducted by the letting department of HIH Real Estate on behalf of Warburg-HIH Invest. Robert C. Spies, a conglomerate active across Germany, acted as adviser during this lease transaction.
“The successful letting shows the benefits of networking within the HIH Group and simultaneously demonstrates the vertical integration of our real estate investment management,” said Ken Kuhnke, Head of Letting Management at HIH Real Estate.
“The successful letting shows the benefits of networking within the HIH Group and simultaneously demonstrates the vertical integration of our real estate investment management.”
Ken Kuhnke, Head of Letting Management
HIH Real Estate