In the properties TWO in Wiesbaden, ABC West in Frankfurt and Haidelweg 46-48 in Munich, all three of which are owned by a regional specialized real estate fund of the KanAm Grund Group, the asset management team was able to realize one new lease and three lease extensions. In total, over 3,500 square meters of space was newly let and existing leases were extended.
TWO in Wiesbaden offers tenants high ESG standards
Michels Trenchless GmbH has signed a 5-year lease for over 500 square meters of space at TWO in Wiesbaden. The company has its origins in the USA and is a world leader in the field of horizontal directional drilling in the construction industry.
The multi-tenant TWO building with its H-shaped floor plan has over 16,300 square meters of lettable space, spread over 14,000 square meters of office space and almost 2,300 square meters of other space. This includes a lobby, a fitness area, a canteen and a conference room. There are also 202 outdoor parking spaces and 143 underground parking spaces. The property offers high sustainability standards and has a LEED Gold certification.
Targeted asset management measures at ABC West increase the attractiveness of the building
The existing tenants American Express Global Business Travel (GBT) and Schweitzer Fachinformationen oHG have signed lease extensions for around 1,600 square meters at ABC West in Frankfurt for a further five years. GBT is one of the leading companies in the field of business travel and mobility solutions. Schweitzer Fachinformationen oHG is a specialist information retailer specializing in services, particularly in the library and information science sector.
The office building has around 13,300 square meters of office and storage space as well as 275 underground parking spaces. Targeted asset management and sustainability activities in recent months have enabled the KanAm Grund Group to further enhance the property's attractiveness. For example, ABC West was recently connected to the district heating network. This represents a significant step towards a more sustainable and efficient energy supply, which also has a positive impact on tenants' energy consumption and heating costs.
Main tenant at Haidelweg 46-48 extends lease agreement
AUREN Treuhand GmbH has signed a 5-year lease extension for the rental of its office space of almost 1,500 square meters at Haidelweg 46-48 in Munich. The main tenant of the property is a medium-sized company that offers international expertise in the areas of auditing, tax advice, legal advice, corporate finance and consulting.
Haidelweg 46-48 is a multi-tenant property with offices, apartments, a day care center and a social facility. The property was built in 2001 and modernized in 2008. It has more than 5,300 square meters of total space spread over a basement and four upper floors. There are also 53 underground parking spaces and seven outdoor parking spaces.
Investment opportunities for institutional investors with the KanAm Grund Group
The TWO in Wiesbaden, the ABC West in Frankfurt and the property at Haidelweg 46-48 are all owned by a specialized real estate fund of the KanAm Grund Group with a regional focus on the southern provinces of Germany. In addition, the fund's portfolio currently consists of six other properties.
In addition to this fund, there are currently eight other specialized real estate funds and twelve asset management mandates. Tailor-made for different institutional investors such as banks, insurance companies and pension funds, the funds cover different risk classes and types of use. Four open-ended special AIFs were launched exclusively for savings banks and cooperative banks specifically for their Depot A investments.
With its own branches and networks in other European countries and the USA, the KanAm Grund Group has created a successful platform for offering its investors real estate investments and services across various risk categories, from core to project developments in Europe and North America.
Numerous letting successes for the KanAm Grund Group in one of its regional funds: New leases and lease extensions for space of over 3,500 square meters
