Press

The investment and asset manager QUEST Funds has sold an office building in the Rue Montoyer 34 in Brussels to Belgian real estate company Alides. The centrally located asset was part of the Hesse Newman Real Estate Nr. 8 fund which is managed by QUEST Funds.

The inter­na­tional law firm Allen & Overy LLP will move into Hamburg’s exclusive Ballinhof property at Ballindamm 17 in early 2022.

The investment and project devel­opment company QUEST Investment Partners is expanding its management team: on 1 January 2021, Dr. Ricardo Alvarez (48) will be assuming the position of commercial Managing Director at the opera­tional subsidiary QUEST Management GmbH.

QUEST Investment Partners has acquired another property in Berlin. Located at Markgrafen­straße 62/63, the nine-story office and commercial building dates back to 1999 and comprises some 7,600 m² of lettable space.

QUEST Investment Partners and HASPA PeB Projek­ten­twick­­lungs- und Beteili­gungs­ge­sellschaft have estab­lished a joint venture for the acqui­sition and refur­bishment of Hamburg’s historic Hinden­burghaus property.

QUEST Investment Partners has acquired the historic Hinden­burghaus property measuring 12,600 m² from Allianz. Located in the Nikolaiviertel in downtown Hamburg, the seven-storey building at Großer Burstah 31 will be used for retail, office and residential purposes.

Aviva Investors, the global asset management business of Aviva plc, has acquired, on behalf of one of its clients, an office block formed of two inter­con­nected buildings in Hamburg’s Alexan­der­straße 1, from Quest Investment Partners.

It is known as one of the most exclusive shopping locations in Germany and one of the ten high street retail centres in Europe: with the recent acqui­sition at Neuer Wall 54, QUEST Investment Partners has secured an asset in the centre of the luxurious shopping street with a long-term leasehold.

The project devel­opers at QUEST Investment Partners have rented out over 50 percent of their office property Fritz in Munich’s Ludwigsvorstadt district.

The fund and asset management company QUEST Funds has reposi­tioned a commercial property of around 1,800 m² at Bahnhof­s­platz in Hamburg’s presti­gious Blankenese district and fully rented out the office spaces. The new main tenant is Hamburger Volksbank, which will open its FinanzKontor Blankenese, a two-storey customer centre spanning some 600 m², in October 2020. Other new tenants include auditors, lawyers, a financial services provider and a practice for orthodontics.

Hamburg hardly has a more presti­gious property to offer: the Ballinhof building at Ballindamm 17 is one of the most exclusive addresses on the banks of the Binnenalster. The project devel­opers at QUEST Investment Partners are refur­bishing the listed Kontorhaus office building and have almost fully rented out the approx­i­mately 11,300 m² of office space.

On 1 May 2020, the Hamburg head office of the investment and project devel­opment company QUEST Investment Partners brought Ulrich Rössing (52) on board as Managing Director. Rössing will assume the newly-created position of technical Managing Director at the opera­tional subsidiary QUEST Management GmbH.