AEW Europe, one of the world’s largest real estate investment and asset managers[1], announces the off-market acquisition of ‘Dwengerkamp’, a c. 5,000 sqm logistics asset in Hamburg, northern Germany, through a sale and leaseback transaction with Dwenger Group, a company specialising in laser and sheet metal technology.
Dwengerkamp comprises c. 5,000 sqm of light industrial and manufacturing space, as well as office and storage space, and is fully let to Dwenger Group on a 15-year lease. The building features LED lighting and has a rooftop PV system with a capacity of 98 kWp.
Strategically positioned within Hamburg's Allermöhe district, the asset is located within one of the largest logistics and industrial hubs in the city, benefitting from excellent connectivity and direct access to major transportation routes, including the A1 and A25 motorways. This prime location offers access to Hamburg's 1.8 million population and the broader metropolitan area of 5.4 million residents[2], while being well-served by public transportation links connecting to the city centre and surrounding areas. The asset is also located in close proximity to Hamburg's port and neighbouring industrial areas.
AEW Europe currently manages a growing portfolio in Germany totally 2.2 million sqm across the logistics, offices, retail and residential sectors in key metropolitan areas.
About AEW
AEW is one of the world's largest real estate asset managers, with €77.6bn of assets under management as at 31 March 2025[1]. AEW has over 860 employees, with its main offices located in Boston, London, Paris and Singapore and offers a wide range of real estate investment products including comingled funds, separate accounts and securities mandates across the full spectrum of investment strategies. AEW represents the real estate asset management platform of Natixis Investment Managers, one of the largest asset managers in the world.
As at 31 March 2025, AEW managed €36.7bn of real estate assets in Europe on behalf of a number of funds and separate accounts. AEW has over 520 employees based in 11 offices across Europe and has a long track record of successfully implementing Core, Value-Add and Opportunistic investment strategies on behalf of its clients. In the last five years, AEW has invested and divested a total volume of almost €15bn of real estate across European markets.
[1] Source: “2024 IREI.Q Real Estate Managers Guide”. The Guide, published annually by Institutional Real Estate, Inc., ranks real estate managers based on the gross value of real estate AUM ($m) as of December 31, 2023. [2] Source: OECD.