Macquarie and MAPFRE completed the acquisition of a prime Hamburg office building from Allianz Real Estate.

Private equity investor and Macquarie and insurance firm MAPFRE completed the acquisition of a prime Hamburg office building from Allianz Real Estate. FInancial terms were not disclosed. "An der Alster 42 is a best-in-class office building, perfectly positioned in one of Hamburg’s most dynamic districts. This acquisition underlines our continued success in securing attractive investment opportunities across Europe’s core real estate market for our fund investors," Alfredo Muñoz Pérez, MAPFRE Chief Real Estate Officer.