HSH Nordbank finances commercial real estate complex for Europa Capital
Hamburg/Kiel, December 6, 2013 - HSH Nordbank is making available to Europa Capital the financing for the acquisition of two commercial properties in Düsseldorf (Germany). They are the Cubus office building and the neighbouring hotel INNSIDE by Melia Hotel.
Both properties were built in 2001 and are located in the heart of Seestern, the established business district of western Düsseldorf, west of the Rhine River and a 10-minute drive from the city centre. The architecturally-striking Cubus office building, comprising 16,800 sq. m. of offices over 12 levels, is constructed as a glass cube with four glazed facades and an impressive atrium. Adecco Group Deutschland, the world’s largest personnel and executive recruitment company, is the principal occupier, while smaller occupiers include Blackberry Deutschland, easyApotheke Holding, and Söffing und Partner. The INNSIDE by Melia Hotel has 126 modern rooms and is part of Melia Hotels International’s Premium Hotels chain. INNSIDE is the fastest growing brand within the Melia Group.
Since 1995, Europa Capital’s Principals have collectively raised 7 real estate funds and committed to over 75 transactions totalling some €7.0 billion across 18 European countries.The Europa Funds benefit from Europa Capital’s established network of partners across Europe who co-invest in acquisitions made by the Europa Funds. These country and joint venture partner relationships in some cases extend back more than 20 years. Europa Capital is a member of The Rockefeller Group ("RGI"). RGI is a strategic investor alongside Management. Europa Capital Partners LLP and Europa Capital LLP are authorised and regulated by the Financial Conduct Authority.
"We have a proven real estate market expertise on our home market of Hamburg and Schleswig-Holstein and in the prospering metropolitan regions of Germany. We can offer long-standing experience when assisting international investors with their commitments in these core markets and accompany our clients as a reliable financing partner," said Peter Axmann, Head of Real Estate Clients at HSH Nordbank AG.
The information contained in this press release does not constitute an offer for the sale of any type of Hamburg Commercial Bank AG securities. Securities of Hamburg Commercial Bank AG may not be sold in the United States without registration pursuant to US securities legislation, unless such a sale takes place on the basis of relevant exceptional provisions.
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