Brand new logistics centre in Hamburg

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Brand new logistics centre in Hamburg

Price on request
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Total area: 27,100 m² Built in 2017
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Features
  • Absolute return: 2,000,000 €
  • Land area: 43,325 m²
  • Percentage of the rented area: 100%
  • Notary (state registration): 1.5%
  • Acquisition tax: 4.5%
  • Broker: 4.8%

It is a logistics centre under construction not far from the center of Hamburg.

Description

The total building area is 27,100 m², including 1,680 m² of office space.

The plot of 43,325 m².

The logistics centre will be built with state-of-the-art environmentally friendly technologies.

Completion is scheduled for Q2 2017.

The property is already fully leased to a major tenant.

Financial performance

Aboslute income is 2,000,000 €.

Tenants

The tenant is Still, Europe's largest manufacturer of trucks and forklifts, as well as warehouse equipment.

The lease agreement is signed for 15 years from the date of commission.

Transaction costs

Notary fee of 1,5%.

RE purchase tax of 4,5%. Share Deal is possible.

The broker's fee of 4,76%.

Location

The property is situated just 8 km from the center of Hamburg.

It is well-connected due to roads, railway and harbour.

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If this property wasn’t for you, take a look at other warehouses for sale in Germany.

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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
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    • Bank financing from 1.5% annually
    • Construction site audits
    • Management company services