Swedish pension fund Cityhold has bought the incomplete, 18,000 m2 Burstah building in Hamburg for an undisclosed sum.

Swedish pension fund Cityhold has bought the incomplete, 18,000 m2 Burstah building in Hamburg for an undisclosed sum.

The eight-storey asset is 80% office and 20% retail, with 75% of its total space pre-let. Cityhold now has around €300 mln of assets in Germany.