Press

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.

The project developers at QUEST Investment Partners have sold a prestigious commercial property in Berlin with 4,000 m2 of office space to KanAm Grund Group as part of a forward deal.