Main office Wiesbaden

Friedrichstraße 25
65185 Wiesbaden

Tel.: +49 611 7105-0

Fax: +49 611 7105-5410


Social Media

Search

Social Media

Dear visitor,
we are glad about your interest in our company.

Main office Wiesbaden

Friedrichstraße 25
65185 Wiesbaden

Tel.: +49 611 7105-0

Fax: +49 611 7105-5410


Social Media

Search

Social Media

Dear visitor,
we are glad about your interest in our company.

Press release

Commerz Real sells fully-leased logistics warehouse in Harlow, England

Commerz Real has sold the logistics warehouse DC 380 in Harlow, England, to a fund managed by Ares Management. The sale price was 40.5 million euros. Commerz Real purchased the property in 2008, the year it was completed, for its open-ended real estate fund, hausInvest.

Located between London and Stansted Airport, the property is a specialist distribution centre with ancillary offices comprising 36,200 square metres and was fully leased shortly before the sale. The warehouse was let to two tenants. 14,200 square metres was leased for 15 years to Industrial Tool Supplies Limited, one of the UK’s largest independent suppliers of power tools. The remaining 22,000 square metres was let for five years to the logistics service provider Wincanton.

Commerz Real were advised by Norton Rose Fulbright, Savills and GVA.

CR_hausinvest_Verkauf_Harlow_PM_02_08.05.17.pdf

CR_hausinvest_Verkauf_Harlow_PM_02_08.05.17.pdf