Urban Partners and HIH Invest acquire logistics development site in Hamburg

• Market entry into Hamburg logistics, with a c.17,300 sqm in Billbrook
• Fourth logistics transaction completed by the Urban Partners-HIH Invest joint venture

Hamburg, Germany – May 28, 2026 - Urban Partners and HIH Invest Real Estate (HIH Invest) have acquired a logistics development site in Hamburg-Billbrook, as part of their existing joint venture. The site has a total planned gross lettable area of approximately 17,300 square metres and is intended to accommodate up to two logistics units.

The acquisition represents Urban Partners’ first logistics investment in Hamburg and the fourth logistics transaction completed by the joint venture with HIH Invest.

“This acquisition represents a milestone for Urban Partners as we continue to expand our logistics footprint in Germany. We are very happy to continue our successful partnership with HIH Invest with our fourth logistics transaction,” says Wolfgang Ködel, Managing Director and Head of Germany at Urban Partners.

“With this acquisition, we are expanding our joint investment activities with Urban Partners, marking our fourth investment within a year, underlining the continued growth of our partnership. We continuously review additional investment opportunities,” says Lars Bothe, Head of Value Add Investments at HIH Invest.

The rectangular Billbrook site benefits from close proximity to Hamburg city centre, the Port of Hamburg, and major motorway connections. The scheme will be developed as an efficient logistics facility, offering substantial yard space and multiple loading docks per unit, designed to meet the operational requirements of modern logistics occupiers. Also, the development is being designed to meet DGNB Gold and EU Taxonomy standards and will incorporate a range of energy efficient measures, including provision for rooftop photovoltaics.

For further details, contact:

Josefine Topsøe, Corporate Affairs, Urban Partners

+45 21673965 | jotop@urban.partners