Kaldox buys a property for city logistics in Hamburg-Billbrook.
The Kaldox Group has acquired a city logistics property in Hamburg-Billbrook. The leased logistics property is located on a site of approximately 41,000 square meters, comprises a total of approximately 42,000 square meters of rental space, and is 70 percent leased. Kaldox is one of Hamburg’s market leaders in this asset class and plans a comprehensive revitalization of the property.
Avison Young acted as broker and advisor for the transaction. Kaldox received legal advice from attorney Thorsten Schlegel of Bonk Rechtsanwälte, Hamburg.
