Bremen: HanseMerkur fund buys “Office Center Überseestadt”
HanseMerkur Grundvermögen has acquired the fully leased “Office Center Überseestadt” on Konsul-Smidt-Straße 21 in Bremen from the Gustav Zech foundation for its open ended real estate Spezialfonds. Zechbau is currently building the second phase of the structure, bringing the property to 22,000 sqm lettable space. The first phase including a parking garage was completed in August 2018; the second is anticipated to be ready for occupation by the end of this year.
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