Long-term letting success for Aroundtown: Existing tenant extends lease in Erasmusstaete Rotterdam

Long-term letting success for Aroundtown

Existing tenant extends lease in Erasmusstaete Rotterdam

Aroundtown renews the lease with its tenant Vastgoed PG in the Erasmusstaete office complex on Max Euwelaan 60-80 in Rotterdam. The tenant will remain with office space of 5,750 sqm for a further 7 years and will be provided with 150 parking spaces in the underground parking garage.

The Erasmusstaete recently has been awarded with the BREEAM In Use sustainability certificate - one of the leading certifications for sustainable buildings. The 5-storey building is a multi tenant office building with a total area of 9,000 sqm.

The office building Erasmusstaete is located at the office park Brainpark I. This is a prestigious and one of the most dynamic locations of Rotterdam. The office park is characterized by pleasant green park-like surroundings. There is a sports center and the stadium of the Rotterdam football club Feyenoord close by. The Erasmus University is also in the neighbourhood. Thus it is easily accessible due to its location next to the A16 freeway and bus and metro station Kralingse Zoom.

About Aroundtown

Aroundtown is Europe's third-largest listed real estate company 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, DAX 50 ESG Index, S&P Europe 350 ESG 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) 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