QUEST Funds rents out over 2,100 m² in Hamburg’s Quartier 21

QUEST Funds rents out over 2,100 m² in Hamburg’s Quartier 21 150 150 QUEST Investment Partners

QUEST Funds rents out over 2,100 m² in Hamburg’s Quartier 21

Hamburg, 20 April 2021. The investment and asset management company QUEST Funds has concluded lease exten­sions for more than 2,100 m² in the office and commercial building Q21 Offices in Hamburg Barmbek. Denn’s Biomarkt has signed a five-year extension for its existing 905 m² in the property, which was completed in 2012 and holds a DNGB Silver certificate. The same goes for the Targobank branch with 430 m² and the Budni drugstore (808 m²). All tenants will remain at this highly frequented location at Fuhls­büttler Strasse 387-399 until at least 2027.

The fully let multi-tenant building is charac­terised by a mixed use concept that comprises offices, local amenities, restau­rants and services and is part of a fund managed by QUEST Funds. The property features 13,657 m² of office space and 4,830 m² of retail space. The under­ground car park can accom­modate 299 cars, and a further 15 parking spaces are located in the outdoor area.

Quartier 21 is an ensemble of 21 listed historic buildings and 16 modern buildings on the site of the former General Hospital of Barmbek. It is designed for inter­gen­er­a­tional living and working, featuring health care, educa­tional insti­tu­tions, retail, restau­rants and offices in the immediate vicinity.
The Stadtpark, a local recre­ational area, can be reached on foot. Thanks to the central location and good public transport connec­tions, it takes only ten minutes to get to the airport and 20 minutes to reach the Jungfern­stieg shopping street.

BNP Paribas Real Estate acted as advisor on the letting of the property.

About QUEST Investment Partners
Founded in 2016, QUEST Investment Partners is an investment and project devel­opment company with offices in Hamburg, Berlin, Munich and Frankfurt. QUEST focuses on invest­ments in commercial properties with upside potential in top locations of major German cities and the Benelux countries. The team has extensive experience in the devel­opment of high-quality real estate projects. QUEST Funds is in charge of the fund business of the real estate company and makes individual invest­ments in cooper­ation with insti­tu­tional investors. The share­holders of QUEST Investment Partners are the managing directors Theja Geyer and Jan Rouven Künzel as well as the investment holding company of the Hamburg entre­preneur Erck Rickmers.

Connected by a bridge: the five- and seven-storey building sections of the Q21 Offices
Copyright: Room Communication

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