Warburg-Henderson KAG, the Anglo-German open-ended fund, has bought the British American Tobacco (BAT) building in Hamburg in a sale and leaseback deal, newspaper Immobilien Seating reported. The property with 15,400 m[sup]2[/sup] of lettable area was acquired for the Warburg-Henderson's Pan Europe No. 2 fund.
Warburg-Henderson KAG, the Anglo-German open-ended fund, has bought the British American Tobacco (BAT) building in Hamburg in a sale and leaseback deal, newspaper Immobilien Seating reported. The property with 15,400 m2 of lettable area was acquired for the Warburg-Henderson's Pan Europe No. 2 fund.
The fund also acquired to office properties in London - Livingstone House (town center) and Gaywood House (Westminster). The buildings are fully rented and have a lettable area of 3,430 m2. The financial details of the deals were not disclosed.
