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Deka Immobilien Invests in Hamburg-Billbrook

Deka Immobilien GmbH has purchased two logistics facilities in the Hamburg-Billbrook industrial park for 43 million euros. The seller is Achim Becker, a Hamburg-based businessman who owns the Emporium coin trading company. The two logistics properties, located in Andreas-Meyer-Strasse and Werrner-Siemens-Strasse, have total usable space of 45,000 square meters, of which 19,000 square meters are new. They include 1,800 square meters of office space. Both are completely leased on a long-term basis to two logistics companies and have been purchased for an open-ended special property fund of Deka Immobilien Investment GmbH. The transaction was brokered by the Adolf Zelle realty in Hamburg.



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