Wealth Management in Ireland, Foreign Property Investment Abroad

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Fegro Cash & Carry

Schlachthofstrasse 3, 21079 Hamburg – Harburg

 Property Type:            Retail

Cost:                           €26.96 million

Tenant:                       Fegro / Selgros Group

Purchased:                 July 2007

This property is strategically located in Harburg, one of Hamburg’s largest districts. Completed in April 2007, it comprises 12,623m² of lettable space with 200 parking spaces.  The sole tenant is Fegro Cash and Carry, part of the Fegro Selgros Group, which has signed a 20 year lease. This is highly unusual in Germany where lease lengths are typically 5 or 10 years.