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Ivanhoé Cambridge Buys H&M's Hamburg Distribution Centre

Circa €170 Million Deal Marks First Logistics Purchase in Germany
H&M's Mitte Garten store in Berlin. (H&M)
H&M's Mitte Garten store in Berlin. (H&M)
By Richard Meier, Bert Erik ten Cate
Thomas Daily News
May 16, 2022 | 9:34 AM

Ivanhoé Cambridge has bought H&M’s 114,760-square-metres logistics centre in Hamburg. The Canadian investor did not disclose how much it paid for its first logistics purchase in Germany.

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