Aroundtown achieves immediate new lease for approx. 1,500 sqm with a public sector institution in Hanover

Aroundtown has successfully concluded a new lease of an office space for the next 7.5 years in the Welfenplatz Business Park on Lützeroder Strasse in Hanover. The new tenant of the space with approx. 1,500 m² distributed over three floors is a public sector institution.

The Business Park consists of several individual office buildings and, in addition to its modern and flexible office space, also impresses with barrier-free access and an underground car park.

The Business Park Welfenplatz at Lützeroder Straße, Kriegerstraße, Spichernstraße in 30161 Hannover is located in Hannover's Oststadt, only about 1km from Hannover's main train station. The location has a good connection. In a short time, you can reach the city center as well as the expressway and highway network via the nearby Cityring and Vahrenwalder Straße. Various bus and streetcar lines are just a few minutes' walk away. The location offers shopping and gastronomy in the immediate vicinity.

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.