Hamburg: KALDOX acquires "The Billbrook" logistics portfolio

The Hamburg-based family office KALDOX has acquired "The Billbrook" portfolio as part of an efficient transaction. The portfolio consists of 6 logistics properties with a total area of approx. 185,000 m² in Hamburg's Billbrook district. The properties include Böttcherhof 2, Böttcherhof 2a and Hamburg's car depository in Halskestrasse.

The commercial complexes Böttcherhof 1 and Böttcherhof 1a have been owned by KALDOX since 2016. The acquisition of the logistics portfolio is therefore a strategic addition to the existing property portfolio in Billbrook. KALDOX will revitalise the properties in line with its corporate culture and integrate them into the portfolio.
 
BNP Paribas Real Estate managed the transaction and advised the seller. The transaction was legally supported by CMS and technically by Drees & Sommer. Attorney Schlegel from the law firm BONK and Jebens Mensching advised the buyer.

Press contact:
Chantal Schaum - Tel: +49 (0)69-298 99-948, Mobile: +49 (0)174-903 85 77, chantal.schaum@bnpparibas.com
Viktoria Gomolka - Tel: +49 (0)69-298 99-946, Mobile: +49 (0)173-968 60 86, viktoria.gomolka@bnpparibas.com

About BNP Paribas Real Estate

BNP Paribas Real Estate is a leading international property services provider that offers its clients comprehensive services in all phases of the property cycle: Transaction, Consulting, Valuation, Property Management, Investment Management and Property Development. With 5,300 employees, the company supports owners, tenants, investors and the public sector in their projects thanks to local expertise in 23 countries (own locations and alliance partners) in Europe, the Middle East and Asia. BNP Paribas Real Estate is part of the BNP Paribas Group, a leading global financial services provider.

As part of its commitment to sustainable cities, BNP Paribas Real Estate aims to play a leading role in the transition to creating more sustainable real estate that is low-carbon, resilient, inclusive and conducive to well-being. To this end, the company has developed a CSR policy with the following four objectives: to improve the economic performance and use of buildings in an ethical and responsible manner, to enable a low-carbon transition and reduce the environmental footprint, to ensure the development, engagement and well-being of employees and to be an active player in the property sector, building and promoting local initiatives and partnerships.

Further information: www.realestate.bnpparibas.com/

About BNP Paribas in Germany

BNP Paribas is a leading European bank with an international reach. The BNP Paribas Group has been active in Germany since 1947 and has successfully positioned itself in the market with 12 business units. Private, corporate and institutional clients are served by around 6,000 employees nationwide in all relevant economic regions. www.bnpparibas.de