Hamburg Commercial Bank finances acquisition of “Edison Höfe” in Berlin
HAMBURG/GERMANY – Hamburg Commercial Bank (HCOB) is providing the London-based
asset manager Attestor Ltd. with an acquisition and investment loan for the “Edison Höfe” office
complex in Berlin. Bentham Capital REM GmbH is acting as operating partner responsible for the
asset management of the properties.
The “Edison Höfe” complex comprises six buildings with a total lettable area of around 27,700
square metres, situated in a central and sought-after office location between government district,
Europacity and Prenzlauer Berg. The high-quality spaces are characterised by their distinctive loft
and campus-style design and flexible usage options. Attestor plans modernisation measures to
further improve energy efficiency, user comfort and digital infrastructure.
The “Edison Höfe” have excellent public transport links, with Berlin Central Station within walking
distance. The surrounding area is also attractive, offering numerous restaurants, cafés,
supermarkets and green spaces.
“The combination of historic buildings and a modern, campus-like layout make the complex
attractive to many tenants and a sound investment, which we are pleased to support with our
financing,” said Stefan Hoenen, Head of Commercial Real Estate at HCOB.
Hamburg Commercial Bank was advised on the project by King & Spalding.
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About Hamburg Commercial Bank
Hamburg Commercial Bank AG (HCOB) is a private commercial bank headquartered in Hamburg that specialises in tailor-made financing solutions for German and European companies. It also has a strong position in Germany-focused real estate financing, is an established project financier in Europe, and a reliable partner for the shipping sector. Efficient and secure payment services, as well as innovative products for foreign trade complete the range of services. The Bank is guided by established ESG criteria and operates from several locations in Germany as well as in Amsterdam, London, Luxembourg, and Piraeus. Under the “Hamburg Direct Bank” brand, HCOB offers call money and fixed-term deposits for private customers. Further information is available at www.hcob-bank.com.
About Attestor Ltd.
Attestor Limited is a UK-based asset management firm headquartered in London. Founded in 2012, the company currently manages approximately USD 9 billion, primarily on behalf of U.S. university endowments and family offices. Attestor specializes in investments in complex special situations, with a focus on long-term value creation.
The information contained in this press release does not constitute an offer for the sale of any type of Hamburg Commercial Bank AG securities. Securities of Hamburg Commercial Bank AG may not be sold in the United States without registration pursuant to US securities legislation, unless such a sale takes place on the basis of relevant exceptional provisions.
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