Henderson Global Investors and Palmira Capital Partners have acquired a 13,000 m2 logistics complex in Hamburg, Germany.

Henderson Global Investors and Palmira Capital Partners have acquired a 13,000 m2 logistics complex in Hamburg, Germany.

The firms were acting on behalf of the Henderson German Logistics Fund (HGLOF). The vendor was a fund managed by Captiva Capital Management.

The purchase price has not been disclosed.

The park is situated in the Winsen an der Luhe area to the south of Hamburg and boasts more than 12,300 m2 of logistics space and 600 m2 of office facilities. The anchor tenant is outdoor furniture company Dedon on a remaining lease term of eight years.

Consulting firm REAG advised Henderson and Palmira on technical matters. All other aspects were managed by law firm Graf von Westphalen.