Aroundtown successfully developed in Berlin-Tempelhof around 7,500 m² of logistics and office space and leases for 15 years to the international logistics company DHL Express

Aroundtown developed and built a logistics hall together with an office building with a total of around 7,500 m² for the international logistics company DHL Express on the Industriestraße 32-35 site in Berlin-Tempelhof in the Teltowkanal-Süd industrial area, south of the former city airport Tempelhof. The construction took place from September 2019 until end of October 2020 and was handed it over to the tenant on schedule. The contract has a term of 15 years.

The site is part of Aroundtown SA's commercial real estate portfolio and is strategically ideally located at Industriestraße 32-35 in Berlin-Tempelhof between Berlin's city center and the new BER airport in the south of Berlin. It has excellent access to the city highway and the long-distance train station Berlin-Südkreuz. The area also offers additional development and new construction opportunities for further company settlements.

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 Agricol and many other major institutional investors.