The property includes seven floors, a two-level garage, and a private jetty. The main tenant is Arbeiter Samariter Bund Sozialeinrichtungen (Hamburg) GmbH. The location offers strong local and long-distance transport connections.
Montano plans to add value through vacancy reduction, modernizing the facade and lobby, and improving sustainability.
Hossein Gharany, Director Investment, highlighted the long-term value potential and Montano’s experience in commercial property optimization. Managing Partner Samson Weldemariam noted ongoing investments in value-add, public sector, and infrastructure assets.
The deal was legally advised by GÖRG, technically by CBRE, and on tax by WTS. Mayer Brown advised the seller, and JLL brokered the transaction.
