Valad Europe lets 9,000 sq m of Warehouse Space at Hamburg Billbrook

Posted on 2 August, 2015 by Jodee Redmond

Leading diversified real estate investment manager Valad Europe has leased a total of 9,480 sq m (102,000 sq ft) of warehouse space at Kolumbusstraße 16 in Hamburg Billbrook, on behalf of its Valad European Income Fund.

ID:94134620

International logistics firm Thordsen Spedition has taken over half of the space at the 18,726 sq m (201,500 sq ft) building located in the largest industrial zone in the German city.

The latest deal means that the property is almost fully let, with an occupier line-up including Übersee-Spedition Paul Weidlich and Hansa Kombi Transport.

Commenting on the letting Valad Europe’s Head of Asset Management in Germany Danilo Hunker said: “We are delighted to welcome Thordsen back to Kolumbusstraße 16, providing them with warehouse space in Billbrook, close-by to their main premises in Hamburg Hammerbrook.

“We have had a successful first half of 2015 in Billbrook, with this latest letting forming part of around 16,000 sq m (172,200 sq ft) of leasing space we have turned over.”

Valad Europe, which manages around €740 million (£524 million) of assets in Germany, is a major landlord in the Hamburg Billbrook area where it has 10 assets let to 75 tenants.

The firm has a team of 35 in the country operating from offices in Berlin, Düsseldorf, Frankfurt, Hamburg and Munich.




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