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POELLATH advises Union Investment on the acquisition of the headquarters of the shipping company Hamburg-Süd

Union Investment is acquiring the headquarters of Hamburg Südamerikanische Dampfschifffahrts-Gesellschaft (“Hamburg Süd”), located at Willy-Brandt-Strasse 59-65. The seller is the Oetker Group.

The building complex, completed in 1964, is located between the southern edge of the city center and the northern edge of the harbor (Speicherstadt), in the Hamburg City sub-sector. The property consists of 4 components: a 16-story high-rise building, a two-story connecting building, as well as a six-story and a seven-story building and has a total leasable area of around 18,600 m², as well as approx. 100 underground parking spaces. The purchase is being made for the portfolio of the UII German Prime Select real estate special fund.

POELLATH advised Union Investment on all tax law issues (including investment tax issues) with the following Berlin team:

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