HSH Nordbank financed Europa Capital's recent acquisition of the Cubus office building and the neighbouring hotel Innside by Melia Hotel in D眉sseldorf, Germany.
HSH Nordbank financed Europa Capital's recent acquisition of the Cubus office building and the neighbouring hotel Innside by Melia Hotel in D眉sseldorf, Germany.
The financial terms of the transaction were not disclosed. German fund manager KanAm was the vendor of the assets.
Both properties were built in 2001 and are located in the heart of Seestern, an established business district of western D眉sseldorf.
The Cubus office building, comprising 16,800 m2 of offices over 12 levels, is constructed as a glass cube with four glazed facades and an atrium. Adecco Group Deutschland is the principal occupier, while smaller occupiers include Blackberry Deutschland, easyApotheke Holding, and S枚ffing und Partner.
The Innside by Melia Hotel has 126 modern rooms.
'We have proven real estate market expertise in our home market of Hamburg and Schleswig-Holstein and in the prospering metropolitan regions of Germany,' said Peter Axmann, head of real estate clients at HSH Nordbank.
