Aberdeen Standard's Euro Club sells WeWork-let Hanse Forum

By Richard Hook2018-08-01T17:33:00

German investor Warburg-HIH Invest has acquired a Hamburg office scheme from Aberdeen Standard Investments and Swiss Life Asset Managers’ Euro Club II fund.

Standard Life Investments European Real Estate Club II sold 100% of the shares of Alster Sàrl, the holding company for the nearly fully-let Hanse Forum to Warburg-HIH Invest, which made the acquisition on behalf of two core funds: Warburg-HIH TOP 7 Deutsche Metropolen Immobilien Invest and Deutschland Selektiv Immobilien Invest.

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