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Contract

April 10th, 2017

• Filed
  April 10th, 2017

Warburg-HIH Invest acquires 9,100 square metres of commercial space in Bielefeld ▪ Modern newbuild development in Ostwestfalen-Lippe business park▪ Long-term lease agreement with a very creditworthy tenant from the manufacturing sector Hamburg/Bielefeld, 12. April 2017 – Warburg-HIH Invest Real Estate (Warburg-HIH Invest) has acquired a fully-let commercial property in the Ostwestfalen-Lippe business park in Bielefeld-Altenhagen for an individual client. The object comprises three building sections with a total of approximately 6,000 square metres of rental space in addition to some 3,100 square metres of outside rental space. Warburg-HIH purchased the property from property team AG. The parties have agreed not to disclose the purchase price. A two-storey office wing is situated on the northern side of the property and offers 1,000 square metres of rental space. The 4,300-square-metre production hall, which also contains office space and communal areas, adjoins to the south of this off