AROUNDTOWN achieves full occupancy at Berliner Platz in Essen city center

Aroundtown has successfully let the last vacant office space (approx. 1,250 m²) in the "Weststadt Towers" on Berliner Platz in Essen's city center. Aroundtown, Europe's third-largest real estate company, has thus achieved long-term full occupancy in the landmark property with a high profile directly adjacent to the lively Limbecker Strasse pedestrian zone and not far from Essen's main railway station. Aroundtown focuses on sustainable investments and concentrates on high-quality properties with value appreciation potential in central and attractive locations in Europe.

The Weststadt Towers at Berliner Platz 6-8 in 45127 Essen is a three-part office complex with around 12,300 m² of office space spread over 16 floors. The high-rise building at the established office location is characterized by its central location, only 3 minutes from Essen's main railway station and the A40 freeway, approx. 5 minutes to the university campus and approx. 20 minutes by car to Düsseldorf international airport. The Berliner Platz subway station is located directly in front of the Weststadt Towers. They also convince with functional office space and flexible room layouts as well as underground parking spaces.

About Aroundtown

Aroundtown is Europe's third-largest real estate company, committed to sustainable investment and focused on income generating quality properties that have potential for value-add in central locations mainly in Germany and the Netherlands. The portfolio comprises mainly office, residential and hotel properties. Hundreds of experienced employees from all areas of the value chain ensure that Aroundtown effectively realizes long-term potential. Professional organization, flexibility and innovation make Aroundtown a reliable partner for growth and success. Aroundtown is a member of the European Public Real Estate Association (EPRA), the German Property Federation (ZIA) and the German Sustainable Building Council (DGNB) as well as a signatory of the United Nations Charter of Diversity. Aroundtown has received multiple EPRA BPR Gold Awards and EPRA sBPR Gold Awards for its transparent financial and sustainability reporting.

Avisco (controlled by Yakir Gabay) holds 10% in Aroundtown followed by Blackrock at 5%. Other shareholders include Norges, Vanguard, Allianz, BNP Paribas, Japan’s Government investment fund, Aliance-Bernstein, Dekabank, State-Street, Bank of Montreal and many other leading international investors. The main bond investors include ECB, GIC, Union Investment, DB, UBS, CS, M&G, Pictet, Credit Agricole and many other major institutional investors. 

www.aroundtown.de