QUEST Investment Partners sells Ansgari Haus in Bremen to La Française

QUEST Investment Partners sells Ansgari Haus in Bremen to La Française 2500 1666 QUEST Investment Partners

QUEST Investment Partners sells Ansgari Haus in Bremen to La Française

Hamburg, 05 September 2019. Hamburg-based real estate developer QUEST Investment Partners has sold the fully let Ansgari Haus property in Bremen to the French investor La Française Real Estate Partners Inter­na­tional. The parties agreed not to disclose the purchase price. The main tenants of the five-storey property on Obern­straße are the co-working space provider Spaces, occupying 3,200 m² on five floors including a roof terrace, as well as the high-end womenswear store Appel­rathCüpper, operating 2,400 m² of sales space on three floors.

In July 2017, QUEST Investment Partners acquired the part of the Bremer Carrée complex that had been vacant for years and renamed it “Ansgari Haus”. In the meantime, all alter­ation works have been completed. With the moderni­sation and re-letting of Ansgari Haus, QUEST Investment Partners is making a positive impact on Bremen’s city centre. The ground floor and first floor façade of the building was completely removed and replaced with a post-and-beam structure with larger Delog­color® glass window­panes. The inside of the building was gutted and redesigned for Spaces and an optician. Appel­rathCüpper took over the space in an improved shell state to finalise the refur­bishment, which is currently nearing completion. The fashion group will open its doors to the public in autumn 2019.

“We believe Bremen is a relevant ‘class B location’ in Germany that is showing positive devel­opment. The thriving port activ­ities attract businesses and people from Germany and beyond, which boosts the local economy and drives up the demand for office spaces and services. Bremen’s appealing city centre, which attracts a large and ever-growing number of tourists, was another convincing factor for us,” says Jens Göttler, Managing Director for Germany at La Française Real Estate Partners Inter­na­tional.

Jan Rouven Künzel, Managing Partner at QUEST Investment Partners, is equally convinced: “Ansgari Haus is located in one of the most highly frequented areas of Bremen — with its two prominent main tenants, it will provide new momentum and enliven the city centre.”

QUEST Investment Partners was advised on tax matters by Hansa Partner Rommel & Meyer. Legal advice was provided by Jebens Mensching PartG mbB. Jones Lang LaSalle supported the sales process. Norton Rose Fulbright LLP acted as legal advisers to La Française.

About QUEST Investment Partners

QUEST Investment Partners is a real estate project devel­opment and investment company with offices in Hamburg and Berlin. QUEST focuses on invest­ments in commercial and residential properties with upside potential in top locations of major German cities. In retail devel­op­ments the focus is on good inner-city locations in German metro­politan regions. The QUEST team has extensive experience in the devel­opment of high-quality real estate projects and contin­u­ously aims at increasing the real estate values of its share­holders and investors. QUEST’s share­holders are the managing directors Theja Geyer and Jan Rouven Künzel as well as the investment holding company of the Hamburg entre­preneur Erck Rickmers who is invested in real estate, equity invest­ments and shipping.

www.quest-investment.com

About La Française Global Real Estate Investment Managers

The real estate activ­ities of La Française Group were consol­i­dated under the brand La Française Global Real Estate Investment Managers (GREIM). This holding company consists of La Française REM, La Française Real Estate Partners and La Française Real Estate Partners Inter­na­tional.

La Française REM is the leading French provider of collective real estate invest­ments by capital­i­sation (data by IEIF, 31 December 2018). La Française REM specialises in third-party investment and asset management and operates on all French real estate markets. In addition, it has developed a platform for real estate mandates that offers tailored solutions for insti­tu­tional investors. Within La Française Real Estate Partners, these range from core/core-plus to value-added and oppor­tunistic investment strategies.

La Française Real Estate Partners Inter­na­tional offers compre­hensive investment management services for direct and indirect invest­ments in real estate to a diverse inter­na­tional client base in conti­nental Europe, Great Britain and Asia. La Française Real Estate Partners Inter­na­tional has offices in London, Frankfurt and Seoul. The platform is a recog­nised specialist for core and core-plus real estate investment strategies in Europe.

La Française GREIM manages over 19 billion euros (as of 31 December 2018) and offers a full range of bespoke real estate solutions for investors around the globe.

Press Contact La Française
Jens Goettler
+ 49 69 2972 438 10
jgoetteler@la-francaise.com

Ralf Droz
+49 69 97 57 43 73
rdroz@la-francaise.com

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