Overview
New future neighbourhood development in Bremen with over 20 hectares and a volume of approx. €700 million. In addition to offices and flats, it will feature various cultural and gastronomic facilities ranging from restaurants/cafés to an event location, a hotel as well as new theatres and orchestra halls. Furthermore, various fitness and leisure facilities will enrich the neighbourhood and provide an active balance to everydays working life.
The numerous green spaces and parks will provide relaxation. Other facilities will provide excellent infrastructure (i.e. a kindergarten, various playgrounds, charging stations for electric cars, bikes and e-scooters etc.). The development will also profit from very fast internet (up to 10 Gbit/s) due to its proximity to a major data hub in the neighbourhood.
Background
- New building which offers modern office and parking facilities which are fully let.
- Highest ESG-Standard (Green roof and photovoltaics as well as heat generation from renewable sources).
- Due to the current market conditions Columbia Threadneedle took the opportunity to acquire a new office building with very good tenants (as Siemens, University, etc.) at a reduced price.
- Property acquisition for an existing client thanks to strategic asset allocation.
Key metrics
Location
Bremen « Tabak »-Neighhbourhood
Investment strategy
Mixed-use Asset / Core Investment
Sector
Mixed-use (office & parking)
Gross leasable area
9000 sqm
Acquisition date
November 2023
Holding period
Indefinite
Tenants: Office / Parking
6 / 1
Insights
You may also like
Investment strategies
We offer a broad range of actively managed investment strategies and solutions covering global, regional and domestic markets and asset classes.