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Newmark brokers two long-term leases at Kaufmannshaus Hamburg

Kaufmannshaus in Hamburg, Copyright: Schön Media Co.

Renowned companies continue to rely on premium location in the city centre

Newmark, one of the world’s leading consultants for commercial real estate, has successfully supported two leases in the Kaufmannshaus at Bleichenbrücke 10 in Hamburg: CPO Holding mbH is extending its existing lease for around 3,800 square metres on a long-term basis. In addition, the technology company Snapchat has decided to run for another term in the property. The owner, Fianai KMH Immobilien GmbH & Co. KG, was exclusively advised by Newmark on both contracts.

The striking office building in the immediate vicinity of the Alster has been one of the established premium addresses in Hamburg’s city centre for years. With its central location, state-of-the-art building technology and flexible space concepts, the Kaufmannshaus offers optimal conditions for discerning users. The current contracts confirm the sustainable positioning of the property as a sought-after address for national and international companies in the Hanseatic city.

“With these important deals, we are securing the long-term presence of two high-profile users at one of Hamburg’s most prestigious locations,” says Tobias Scharf, Senior Managing Director and Head of Office Leasing Hamburg at Newmark. “The Kaufmannshaus shows how quality, location and reliability work together to bind tenants in the long term.”

Bentham Capital REM GmbH is active as an investment and asset manager. Legal advice on the landlord side was provided by McDermott Will & Emery Rechtsanwälte Steuerberater LLP. CPO Holding mbH was advised by Angermann on its lease extension.

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