Ashtrom Properties Germany buys office block in City South, Hamburg

Deal | HH-Hammerbrook

Ashtrom Properties Germany, representing the new owner, has purchased an office block in Hamburg-Hammerbrook from a segregated fund managed by BNP Paribas Real Estate Investment Management (REIM) Germany. It was agreed not to disclose the purchase price.
The office building is located between Amsinckstrasse, the River Bille, Heidenkampsweg and the Mittelkanal canal in the Hamburg district of Hammerbrook, part of the City South sub-market.
The office block was erected in 2002, is seven stories high and has a total rentable area of some 10,500 m². All the office space is let.
Grossmann & Berger, a member of Germany Property Partners (GPP), advised the buyer of this office property in Hamburg-Hammerbrook, and Auth Real Estate Advisors acted for the seller.

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