When the docks of the Kehrwiederspitze became available for redevelopment several renowned investors tendered bids.
The winning proposal came from the Anglo- American joint venture partnership of P&O and Citibank.
The project entailed the rejuvenation of a 3.3 hectare site and the development five buildings, creating a total of 100,000 sqm. of premium office space now known as the Hanseatic Trade Center