Valad Europe, the leading diversified real estate investment manager, has leased 9,480 m² of industrial space at Kolumbusstraße 16 in Hamburg Billbrook, Germany. The lease was agreed on behalf of its Valad European Income Fund (VEIF).
Thordsen Spedition, an international logistics company, has leased more than 50% of the warehouse space at the 18,726 m² building located in Billbrook, the largest industrial zone in Hamburg.
The asset is now almost fully let to tenants including Übersee-Spedition Paul Weidlich and Hansa Kombi Transport.
Danilo Hunker, Valad Europe’s Head of Asset Management in Germany, commented: "We are delighted to welcome Thordsen back to Kolumbusstraße 16, providing them with warehouse space in Billbrook, close-by to their main premises in Hamburg Hammerbrook.
We have had a successful first half of 2015 in Billbrook, with this latest letting forming part of around 16,000 m² of leasing space we have turned over.
Valad Europe is one of the major landlords in the Hamburg Billbrook region, managing ten assets, let to 75 tenants.
Valad Europe was advised by Hafenmakler Zelle.