Listed German real estate group IVG Immobilien has leased 8,200 m[sup]2[/sup] of office space in Hamburg. The company's asset management branch has signed German DIY retailer Praktier which is to relocate its corporate headquarters from Saarland to the property at Heidenkampsweg 99 in Hamburg by end-September this year.
Listed German real estate group IVG Immobilien has leased 8,200 m2 of office space in Hamburg. The company's asset management branch has signed German DIY retailer Praktier which is to relocate its corporate headquarters from Saarland to the property at Heidenkampsweg 99 in Hamburg by end-September this year.
Savills helped negotiate the lease.
The 18,000 m2 building is now fully let.
IVG is one of the major real estate companies in Europe. The company manages assets worth EUR 21.5 bn, of which funds and mandates amounting to EUR 15.1 bn.
