Aroundtown achieves full occupancy for the 23k sqm office building “Bürohaus am Taunus - BAT" in Eschborn near Frankfurt

Aroundtown successfully achieves full occupancy for the office building Bürohaus am Taunus "BAT" in Ludwig-Erhard-Strasse in Eschborn through targeted asset management. Since taking over the property in 2017, the property has been well positioned for the long term with the last two leases to companies in the IT and automotive sectors with a combined total of around 3,300 sqm, as well as contract extensions from a well-known company in the medical sector and a renowned bank with a total of around 9,700 sqm.

The office building, which is part of Aroundtown's commercial portfolio, consists of two five-story building complexes with a modern design and nearly 23,000 sqm of office space.

The office building Bürohaus am Taunus "BAT" in Ludwig-Erhard-Strasse is located in the commercial area "Eschborn-Nord" in the Main-Taunus district. The property is located only a few kilometers north of Frankfurt am Main with quick access via the A5 and A66 motorways as well as the "Eschborn" S-Bahn stop within walking distance to Frankfurt's main train station and the airport.

About Aroundtown

Aroundtown invests in income generating quality properties that have potential for value-add in central locations mainly in Germany and the Netherlands. 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.