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HOCHTIEF Projektentwicklung sells Lindley Carrée office building in Hamburg

ID: 1024777

Deka Immobilien acquires atrium building in city’s south

(firmenpresse) - HOCHTIEF Projektentwicklung has sold the Lindley Carrée office building in Hamburg, which has a total rented floor space of 23,000 square meters, to Deka Immobilien. The building will be placed in the Open-ended Real Estate Mutual Fund WestInvest ImmoValue. Details of the purchase price have not been disclosed.

The Lindley Carrée in Hamburg’s City Süd quarter has six office floors. The first floor also provides space for catering businesses and for showrooms. The atrium building with brick facade and landscaped atrium, which opens up to the South Canal, was completed in 2010. Its main user is the German insurance company neue leben Lebensversicherungen. Other tenants include the market research company Ipsos, the global personnel consulting firm GEMINI Executive Search, the auditing firm CSW City-Süd, the technology consulting firm SALT AND PEPPER, and the Swedish office furniture manufacturer Kinnarps.




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Unternehmensinformation / Kurzprofil:

HOCHTIEF is one of the leading international providers of construction-related services. With more than 70,000 employees and a sales volume of EUR 20.16 billion in FY 2010, the company is represented in all the world‘s major markets. The Group‘s service offering in the fields of development, construction, services, concessions and operation covers the entire life cycle of infrastructure projects, real estate and facilities. In the USA, the biggest construction market in the world, HOCHTIEF is the No. 1 general builder via its subsidiary Turner and, with Group company Flatiron, ranks among the most important players in the field of transportation infrastructure construction. With its subsidiary Leighton (HOCHTIEF share around 55 percent), the Group is market leader in Australia. Because of its engagement for sustainability, HOCHTIEF has been listed in the Dow Jones Sustainability Indexes since 2006.

HOCHTIEF Solutions consolidates the core business of the HOCHTIEF Group in Europe and in selected regions worldwide. The company plans, develops, builds, operates and manages real estate and infrastructure facilities. HOCHTIEF Solutions AG is the management company of the Group’s Europe division which employed around 15,000 people around the globe in fiscal 2010. In many regions and segments, the company is a market and innovation leader.

HOCHTIEF Projektentwicklung is a fully owned subsidiary of HOCHTIEF and organizationally related to HOCHTIEF Solutions. Since 1991 the company has been developing, realizing and marketing real estate projects in Germany and abroad and is considered Germany’s leading inner-city developer. Its core business comprises office buildings in central business districts and areas within easy reach of city centers. It also focuses on retail properties, residential properties and accommodation for senior citizens, and the development of entire urban quarters. Hotels, distribution centers and special-purpose properties are also among the product market segments which the company addresses. HOCHTIEF Projektentwicklung does not build up any property portfolio of its own but operates as an “interim investor” with the goal of selling its projects to a final investor as swiftly as possible.



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PresseKontakt / Agentur:

HOCHTIEF Solutions AG
Communications
Gabriele Stegers
Alfredstrasse 236
45133 Essen
Germany
Tel.: +49 201 824-2282
Fax: +49 201 824-1728
Email: gabriele.stegers(at)hochtief.de



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Bereitgestellt von Benutzer: Gabriele Stegers
Datum: 20.07.2011 - 09:41 Uhr
Sprache: Deutsch
News-ID 1024777
Anzahl Zeichen: 0

contact information:
Contact person: Gabriele Stegers
Town:

Essen


Phone: +49 201 824-2282

Kategorie:

Real Estate & Construction


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