Aroundtown achieves full occupancy and long-term lease extension with the State of Hesse

Delta Haus office building in Wiesbaden awarded BREEAM certificate

The state of Hesse extends its long-term lease for 2,200 sqm at Gustav-Stresemann-Ring 1 in Wiesbaden. This means that the Delta Haus office building will remain fully leased. The property is part of the portfolio of Aroundtown, one of Europe's largest real estate companies.

Delta Haus enlarges Aroundtown's green portfolio

The modern architecturally eye-catching office property with an area of 12,000 sqm was equipped with energy-efficient technology. In addition, the building control system was extensively modernized. As a result, the office building meets modern and sustainable building standards and is now certified with the BREEAM green building certificate. This demonstrates Aroundtown's commitment to sustainability in the real estate sector and marks a step towards an environmentally friendly office portfolio. BREEAM (Building Research Establishment Environmental Assessment Method) certification is an internationally recognized award for sustainable buildings.

The office building is centrally located in Wiesbaden and conveniently situated in the immediate vicinity of Wiesbaden's main train station and the inner-city B54.

About Aroundtown

Aroundtown is one of Europe's largest real estate companies 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, 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 Dow Jones Sustainability Index, Bloomberg Gender Equality 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 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 15% in Aroundtown (date: 29.07.2022). Other shareholders include Blackrock, Norges, Vanguard, Allianz, BNP Paribas, Japan’s Government investment fund, Alliance-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