Norddeutsche Grundvermögen, a company focusing on real estate development in northern Germany, has sold an office and commercial building in Hamburg to Metroinvest. Financial details have not been disclosed.
Metroinvest is a new initiative, sponsored and participated by the Spanish Grupo Metrópolis, with the mission to create value with a diversified portfolio of office buildings in the leading European cities.
Oaklins' team in Germany advised the seller in this transaction.
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