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SIGNA opens office in Hamburg

SIGNA Group

At the beginning of 2019, SIGNA opened its new office at the Kaufmannshaus in the Hanseatic city of Hamburg.

The SIGNA team will manage the Elbtower development from this location, as well as administering and further developing other projects currently ongoing in Hamburg, from the Alsterhaus, Alsterarkaden and Kaufmannshaus to the recently acquired Gänsemarktpassage complex. With the rapid growth of our Hamburg-based team, SIGNA is planning to rent additional office space in the Kaufmannshaus complex in the near future.

The Kaufmannshaus was originally built in 1905 in the “Kontorhaus” style of Hamburg’s traditional mercantile buildings with four floors above ground and one below. Thanks to its striking architecture, the Kaufmannshaus was known for its strong stylistic impact on the surrounding buildings. This prime location in the heart of the historic Hanseatic city borders the Bleichenfleet, one of the many canals that criss-cross the city centre. The shopping arcade at the core of the complex connects to another arcade across Große Bleiche Street, providing a continuous line from the Hanseviertel complex all the way to the Bleichenfleet canal. The Kaufmannshaus offers prestigious retail and office space; fashion labels such as Marc Cain, Suitsupply, Guess and others make for great shopping. The central location and high quality of units of the Kaufmanshaus also won over tenants like Rent24, Reederei Offen, Norton Rose Fulbright and Yelp. Hamburg’s town hall, the Jungfernstieg promenade and the Binnenalster lake are all in the immediate vicinity, along with various other historic mercantile buildings of architectural renown.

Extensive renovation works on the property were carried out between February 2011 and April 2013. The internationally acclaimed New York architecture firm Moed de Armas & Shannon completely redesigned the shopping arcade and the façades on the ground floor, as well as completing additional conversions and tenant improvements. At the same time, an extension designed by David Chipperfield Architects created a spacious promenade in the form of a footbridge along the Bleichenfleet canal. SIGNA acquired the Kaufmannshaus in 2017 from RFR Holding as part of a portfolio deal that included five trophy assets in prime locations in Berlin, Hamburg, Frankfurt and Munich.