Norddeutsche Grundvermögen has sold an office & commercial building to Metroinvest

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.