Santander sells asset to Warburg-HIH and NIW


Santander Private Real Estate Advisory & Management has sold four properties located in Düsseldorf, Hamburg, Oldenburg (Lower Saxony) and Ascheberg (Münsterland, North Rhine-Westphalia) to various buyers. The bank subsidiary was advised in the transaction exclusively by Colliers International. Warburg-HIH Invest Real Estate acquired the largest property, consisting of 4,800 sqm of lettable office space at Peter-Müller-Straße 16/16a in Düsseldorf’s Airport City district. A further property, consisting of 4,300 sqm and with the food retailer Rewe as its main tenant, is located at Drosselstraße 1/Steilshooper Straße 54 in Hamburg’s Barmbek district. It was acquired by NIW Norddeutsche Immobilienwerte. The buildings in Oldenburg and Ascheberg, which are being used for logistics, were sold to two other buyers.

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