PIMCO Prime Real Estate has taken delivery of the prime EDGE HafenCity development in Hamburg from real estate developer Edge.
Designed by HENN Architects, EDGE HafenCity offers c. 22,500m2 of highly efficient, flexible and modern office space. With a strong focus on sustainability and tenant wellbeing, the building has already been pre-certified WELL Core in Platinum and also been awarded the HafenCity Ecolabel in Platinum.
The 15-story EDGE HafenCity is architecturally distinguished by an eight-meter cantilevered tower and deep arcades that lead onto the Amerigo-Vespucci-Platz. The design incorporates the natural landscape of the surrounding area into the tiered levels of the building, while three large rooftop terraces offer unique views of the city.
Nicole Potsch, Head of North & Central Europe and Co-Head of Investments Europe at PIMCO Prime Real Estate, said, "EDGE HafenCity fulfils a clear need for prime office assets in the attractive Elbbrucken quarter, and is a very strong addition to our German portfolio. It fully supports PIMCO Prime Real Estate’s focus on developing prominent, sustainability-led buildings which deliver long-term value for our institutional investors as well as tenants, local communities and other key stakeholders.”
Andreas Muschter FRICS, CEO of Edge DACH, observes, "Hamburg's HafenCity is based on a fantastic urban development concept that provides a great location and atmosphere for our smart and sustainability buildings to come to life. As demand for modern and flexible design enhancing productivity remains high, EDGE HafenCity will become a real hub for innovation. I am very pleased to see Edge contributing to the positive success of HafenCity with not one, but two projects."
Image provided by PIMCO.
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