Commercial building in Hanover
Helaba is providing PB Grundbesitzinvestitions- und Entwicklungs GmbH & Co. KG, a property company of Bertram Projektmanagement GmbH, Hannover and LHI Leasing GmbH, Pullach with financing for the development and long-term financing of a commercial building in Hanover.
Partly under preservation order, the office and retail building is located in a 1 A site in the inner city of Hanover. The property comprises an existing building from the ‘50s and a new construction and contains a leasable space of around 15,500 m2. Moreover, the property has two underground floors and fifteen aboveground parking spaces.
Completion of the new building and refurbishment work in the existing one is scheduled for 2015. The main tenant of the building estate will be Deutsche Hypo, a Nord/LB company.
Helaba is acting as Sole Lender in the transaction.
