JP Morgan Asset Management has acquired the Hamburg headquarters building of Marquard & Bahls in a sale and lease-back deal.
Financial details were undisclosed.
The 18,000sqm property is entirely leased to the energy and chemicals logistics firm which built the property and moved into it in 2016.
JP Morgan was advised by Hengeler Mueller, Marquard & Bahls was advised by Freshfields. Jones Lang LaSalle SE arranged the transaction.
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