OVG continues on expansion course: New project “The Pier” in Hamburg’s HafenCity

OVG continues on expansion course: New project “The Pier” in Hamburg’s HafenCity

OVG Real Estate continues its expansion course in Germany and after Berlin, now focuses on Hamburg too. The company received the pre-sale option for a 4,200-sqm plot in Hamburg HafenCity’s Quartier Elbbrücken for the new project “The Pier”.

As a sustainable multi-tenant office building, “The Pier” will offer modular and healthy working space equipped with smart technology in some 25,000-sqm gross floor space. Adapted to individual tenant profiles, the areas can be let flexibly both with respect to space and term—from long-term major tenants to small temporary co-worker arrangements. Common areas will offer peripheral office services that the building also offers freely to visitors.

OVG will work closely with HafenCity GmbH to expand the ideas for the eastern HafenCity, promoting the development dynamism and innovativeness, while among other things participating in a smart mobility concept.

Martin Rodeck, presiding manager in Germany: “HafenCity is one of the most fascinating metropolitan development areas in Europe and the optimum site for a future-oriented project like “The Pier”. We are pleased to make a genuine milestone for the development of the office property market in the innovation- friendly environment of HafenCity.”