G&B brokers sale of “Dock 47” to RREEF Investment

Acting as the exclusive agent, Grossmann & Berger brokered RREEF’s purchase of the office building “Dock 47” in the Hamburg district of Altona-Altstadt. The property, located at Pinnasberg 47, was sold by Deka Immobilien. RREEF plans to make the office block an asset in an open-end retail investment fund.

The building is opposite the Fish Market with a direct view of the Elbe and across to the Blohm & Voss docks. Built in 2004, the asymmetrical office block rises to seven stories at its highest point and features a striking red glass façade. It provides around 4,000 m² of usable space and is fully let.

The photo attached is free for use (source: Grossmann & Berger).