en.Wedoany.com Reported - Peper & Söhne GmbH and HIH Invest Real Estate GmbH (joint venture partner Urban Partners) are jointly developing a sustainable logistics real estate project in the Billbrook district of Hamburg. Located on an existing site of approximately 24,000 square meters, the project will involve the construction of a new logistics building with around 17,300 square meters of rental space. Construction is scheduled to begin in summer, with completion expected by the end of 2027.

The existing buildings will be demolished and redeveloped. The property will be incorporated into the fund assets through the existing joint venture between HIH Invest and Urban Partners. Goldbeck Nord GmbH is serving as the general contractor. The project partners are aiming for at least a DGNB Gold certification for the new property, along with compliance with the EU Taxonomy regulation. The property can be divided into two units or leased as a whole. Amenities include a floor load capacity of 5 tons per square meter, a clear height of 12.20 meters, a deep courtyard with 12 loading docks, and two ground-level tailgate loading areas, and is equipped with air-source heat pumps.

The project is located in the established Hamburg-Billbrook industrial area, providing quick access to the Port of Hamburg, the city center, and the metropolitan region via the B5 highway and the A1, A24, and A25 motorways. Robert C. Spies Industrial Real Estate GmbH & Co. KG acted as the intermediary and advisor for this transaction and is exclusively responsible for marketing the rental space. The consulting firm acquired the site off-market, laying the foundation for the project, and collaborated with Peper & Söhne to advance the preliminary preparations.

Maximilian Tappert, Head of Logistics Transaction Management at HIH Invest Real Estate, stated that the acquisition of the site in Hamburg-Billbrook allows them to enter a prime location in the German logistics market. This area has strong demand, and its central location and transport connections ensure reliable leasing conditions.

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