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Warburg-HIH completes record sale of five office assets for over EUR500 million

German asset manager Warburg-HIH has completed the disposal of five office buildings in prime German locations to Amundi Real Assets for a reported €570 mln, marking the largest sale in the company’s history.

The assets were acquired between 2008 for the Warburg-HIH Deutschland TOP 5 open-ended institutional real estate fund and have a combined gross lettable area of more than 70,000 m2. They are located on Potsdamer Platz in Berlin, Oper 46 and Schillerstrasse in Frankfurt, and Brooktorkai and Valentinshof in Hamburg.

Property EU – 02 April 2019