Letting success in office property in central Nuremberg

Deutschherrnkarrée almost fully let long-term

Aroundtown's expert team for Letting and Asset Management has achieved another leasing success with the letting of almost 1,500 m² of office space. A renowned existing tenant expands the office space and commits to the location at Deutschherrnstr. 15-19 in Nuremberg for the next ten years. The office property is thus almost fully leased.

Deutschherrnkarrée is a modern office and service center west of Nuremberg's Old Town. The seven-story building offers bright office space, which has been upgraded to a high standard in recent years, with a flexible room layout and modern furnishings. The office property is centrally connected to public transport and thus only about 15 minutes away from Nuremberg's main train station. It is also located with direct access to the ring road and freeway. On the other side, the Pegnitzauen recreational area is a five-minute walk away.

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) followed by Blackrock at 8.4% (date: 20.12.2022). 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.

www.aroundtown.de