Family office acquires Hamburg “Aviation Centre”

The Family Office GbR Sportallee 54a+b A.M. & K. Boehm has paid some €11m for the “Aviation Centre” office complex in Hamburg. The property was previously owned by the Schorbach & Bonertz GbR family office.

The “Aviation Centre” stands on some 7,935 m² of land at Sportallee 54 a/b in the Gross Borstel district close to Hamburg Airport Fuhlsbüttel. The two office blocks, six and seven stories high, were built in 1986 and 1991 and offer some 7,700 m² of leasable space. The property is almost entirely let to Lufthansa.

The buyer’s consultant was Grossmann & Berger, a member of German Property Partners (GPP), and Paul Juul acted for the vendor.

Photo source: Grossmann & Berger GmbH