Aroundtown Achieves Fastest New Lease of the Year in Cologne: Law firm signs long-term lease for office and storage space within just a few weeks

Aroundtown has successfully completed the fastest new lease of the year: Within an exceptionally short period from the initial inquiry to the signing of the contract, a law firm was secured as a new long-term tenant.

“Only 14 days passed between the initial inquiry and the signing of the contract. This particularly demonstrates the expertise of our Letting Manager Ramona Loewenhofer, as well as the strong performance of our entire legal team and the seamless cooperation between all parties and processes,” says Frederic Spratte, Head of Letting at Aroundtown. This efficiency was made possible through modern organizational structures and digital lease agreements via SCRIVE, a software solution that replaces traditional paper contracts with electronic documents.

The property is located in Cologne, in the Rodenkirchen Rheinbogen area. It is bordered by the A4 motorway to the north and by Industrie- and Sürther Straße as well as the adjacent Rhine River to the south. To the west, the A555 motorway and to the east, the previously mentioned Rheinbogen. With the new tenant, the property’s mixed-use character is further strengthened, reinforcing its position as an attractive business and service location.

The new lease represents a particular achievement for Aroundtown, demonstrating the efficiency of the company’s leasing operations by utilizing digital processes. Aroundtown provides its new tenant with comprehensive services, including dedicated local contacts and a central 24/7 service center that is available to commercial tenants at all times – even on weekends and public holidays.

This successful leasing transaction once again underscores Aroundtown’s strong expertise and professionalism in the real estate market.

About Aroundtown
Aroundtown is one of Europe's largest real estate companies, M-Dax listed and focused on income generating quality properties that have potential for value-add in central locations mainly in Germany, the Netherlands and London. 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, innovation and extensive tenant services make Aroundtown a reliable partner for growth and success. Aroundtown is a sustainability leader in the European market with strong visibility in ESG indices such as the Dow Jones Best-in-Class Index, and more. Aroundtown is a member of the European Public Real Estate Association (EPRA), the German Property Federation (ZIA), the German Sustainable Building Council (DGNB), the UN Global Compact Network Germany as well as a signatory the 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 15% in Aroundtown (date: 29.07.2022) and Stumpf Capital GmbH 10% (date: 13.11.2023). Other shareholders include Blackrock, Norges, Vanguard, BNP Paribas, AXA, Alliance-Bernstein, APG, Dekabank, State-Street, Bank of Montreal and many other leading international investors. The main bond investors include ECB, GIC, Union Investment, DB, UBS, Nordea, Allianz, M&G, Pictet, Credit Agricole and many other major institutional investors.

www.aroundtown.de