Aroundtown signs long-term lease for 2,400 sqm

State of Brandenburg moves into new office space in Cottbus

With the conclusion of a contract with the State of Brandenburg, Aroundtown's real estate experts have achieved a successful new lease in Cottbus. The state of Brandenburg is leasing around 2,400 sqm at Heinrich-Hertz-Strasse 6 in Cottbus for at least 10 years. This means that all office units in the property are fully leased.

With the Brandenburg State Office for Real Estate and Construction (BLB), a reliable tenant has been found that can meet its specific space requirements at Aroundtown. The tenant will benefit from Aroundtown's expertise in all areas of real estate value creation and its high level of competence in meeting the development requirements of the office space. In addition, the commercial tenant has access to a comprehensive tenant service with on-site contacts and its own certified 24/7 service center.

The modern and spacious office building with a large number of on-site parking spaces is located in the north of Cottbus near the university campus and the technology park. It is less than a 15-minute drive to Cottbus' main train station and a 10-minute drive to the city center.

Further information for tenants and prospective tenants: https://aroundtown-service.de

More information about Aroundtown: https://www.aroundtown.de

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