LOGISTICS

Type: Opportunistic

Location: Hamburg, Germany

Status: Realised

The 80,000 sqm logistics portfolio in Hamburg harbour was acquired in joint venture with a local partner by a director of Boxberg Capital when working for a financial institution. The portfolio required a proactive asset management and lease up strategy as well as close oversight, given the intense operational nature of the asset and local operations as well as some of the conflicts of interest within the structure. The portfolio was later sold to the local partner following the execution of key asset management initiatives.