05.10.2018 News
Oppenhoff & Partner advises Alpha Real Trust Limited ("ART") on the acquisition and financing of a Hamburg industrial property
Oppenhoff & Partner has advised Alpha Real Trust Limited on the acquisition and financing of an industrial property in Hamburg. The purchase price including transaction costs was ca. 17 million euros.
The real estate is located in the suburb of Billbrook, an established and well connected industrial estate situated about 8 kilometres south-east of the centre of Hamburg’s. It is currently leased on a long-term basis to Veolia Umweltservice Nord GmbH. This is a company of the Veolia Group, an internationally operating enterprise for innovative and sustainable solutions in the areas water, waste disposal and energy.
ART specialises in investments, development and financing, i.a. in the areas real estate, real estate enterprises, infrastructure and property-related securities as well as real estate services.
The Oppenhoff team comprised Jérôme S. Friedrich and Dr. Andreas Kopp (both real estate law).
Oppenhoff & Partner stands for 110 years of top level legal advice. The independent law firm advises national and international companies and entrepreneurs on matters of commercial and tax law.