Halverton acquires commercial parks in Hanover and Pleidelsheim on behalf of HBI (DE)

Halverton Real Estate Investment Management (Halverton REIM) has purchased two further properties on behalf of the HBI investment fund.

In Hanover, Halverton acquired the Athen Commercial Park. With an overall site area of 26,000 m² and comprising around 16,000 m² of warehousing and office space, the property has been developed over the past few years as a multi-tenant commercial park. NAI apollo acted as consultants for the transaction.

The Pleidelsheim Commercial Park to the north of Stuttgart offers around 29,000 m² of logistics and warehousing space on a site of some 46,000 m². The tenants include a subsidiary of the Hülsta Group. The vendor was Swiss-based Liemag Liegenschafts-Management and Deventa Gewerbeimmobilien GmbH, Bietigheim-Bissingen, acted as agents.

The two new acquisitions have a total volume of approximately €16 million.

Source: Halverton

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