Hamburg Trust has bought an almost fully let office project in Hamburg. “Fleet Office 1” with 9,300 sqm of rental area and 122 underground parking spaces is located on the corner of Heidenkampsweg and Sachsenstrasse in Hamburg’s City-Süd, an established office area. Hamburg based Becken Holding was the seller. The building is scheduled to be completed in the fall of 2015 and is almost entirely leased to statuary accident insurer VBG.
“Fleet Office 1” is part of a larger project of Becken Development. The second part “Fleet Office 2” with approx. 20,000 sqm is scheduled to be completed by the third quarter of 2016.