Aroundtown leases approx. 1,600 sqm of office space in prime central Hanover location

Aroundtown has signed a long-term lease for just under 1,600 sqm of office space at the Office Tower property, Lange Laube 31 in 30159 Hanover. The new tenant is a Lower Saxony-based education services provider. The letting reflects continued stable demand for well-connected office space in central urban locations. The leased premises span the 7th and 9th floors of the building. The new tenant will use the space for personal consulting services as well as one-on-one coaching sessions as part of its education and training programs. The transaction was brokered by JLL.

The property is located on Lange Laube in Hanover’s Mitte district, just a few minutes’ walk from the Steintor and Königsworther Platz light rail stations, two of the city’s key transport hubs. Hanover Central Station and the city centre are also easily accessible. The immediate surroundings are characterised by a mix of office, service, retail and food & beverage uses, as well as the close proximity to Leibniz University Hanover.

The building is BREEAM-certified, an international sustainability assessment method for the environmental and social performance of buildings. An on-site concierge service further enhances the tenant experience. In addition, a photovoltaic system is scheduled to be installed on the roof in 2026 to further improve the property’s energy efficiency.

The successful new letting highlights the attractiveness of the location for user-oriented office concepts in central urban areas. Aroundtown provides its commercial tenants with a comprehensive range of services, including dedicated on-site contacts and a central 24/7 service centre. The successful lease signing demonstrates Aroundtown’s expertise in active asset and tenant management.

About Aroundtown

Aroundtown is one of Europe's largest real estate companies, MDAX 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, Supporting member of the Society of Property Research (gif) as well as a signatory to 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.

In collaboration with the ZIA, Aroundtown is actively committed to promoting innovation and the future viability of the real estate industry.

www.aroundtown.de