ASB Bildung gGmbH (ASB) has signed a long-term lease for approximately 2,300 square meters of office space at ABC West, Solmsstrasse 71–75 in Frankfurt. With ASB moving in, the six-story office building in City West gains another renowned tenant.
ABC West comprises a total of around 13,500 square meters of office space spread across six upper floors and features three separate entrances, each equipped with two elevators. Varying office depths allow for flexible space design. An underground garage with 275 parking spaces, connection to the district heating network, and excellent accessibility by public transport and bicycle make the property particularly attractive. Numerous restaurants, shops, and other everyday amenities are located in the immediate vicinity.
In addition to ASB Bildung gGmbH, other tenants include 1&1 Versatel Deutschland GmbH, Falk GmbH & Co. KG, Deutsche Bahn AG, esp group GmbH, consignum Rechtsanwälte, as well as American Express Global Business Travel (GBT) and Schweitzer Fachinformationen oHG, both of which extended their leases at ABC West just last year. This reaffirms their confidence in the building’s quality and the attractiveness of its location.
The KanAm Grund Group, which manages the property as part of one of its regional funds, has implemented targeted measures in recent months to enhance sustainability and overall appeal. These include, in particular, the connection to the district heating network, ensuring a more efficient and environmentally friendly energy supply. This represents an important step toward a more sustainable and efficient energy system that also positively impacts tenants’ energy consumption and heating costs. In addition, all elevators and stairwells are scheduled to be modernized by the end of the year.
With the signing of this long-term lease, KanAm Grund Group underscores its expertise in sustainable asset management and its successful focus on stable, long-term tenant relationships with socially relevant institutions.
KanAm Grund Group was supported by blackolive advisors GmbH, who acted as broker and accompanied the leasing process.
Investment opportunities for institutional investors with the KanAm Grund Group
The ABC West property in Frankfurt is owned by a specialized real estate fund of the KanAm Grund Group with a regional focus on the southern provinces of Germany. In addition to this fund, there are currently eight other specialized real estate funds and numerous 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.
As part of its continued growth strategy, the KanAm Grund Group has recently expanded its offering to include yield-oriented and sustainable investment concepts. Its joint venture with the Barceló Hotel Group gives investors access to high-quality hotel properties in Western Europe with a clear focus on core+/value-add strategies and long-term value appreciation. At the same time, the experienced fund and asset manager aims to expand its involvement in the social and public security infrastructure sector in Germany. Long-term leases with public institutions are intended to ensure predictable, stable cash flows and attractive return profiles. In addition, the European Commercial Opportunities segment specifically taps into the value-add potential in prime European locations and offers institutional investors additional diversification opportunities within their real estate allocation.
With its own branches and networks in other European countries and the US, the KanAm Grund Group has created a successful platform that offers its investors real estate investments and services across various risk classes, from core to development projects in Europe and North America.