Aroundtown extends lease with a telecommunications company for a further 5 years at the office complex Platinum in Berlin

Aroundtown is extending the existing lease agreement with a telecommunications company at Platinum at Sachsendamm 2-7 in Berlin-Schöneberg for around 1,550 sqm for a further five years. This lease prolongation ensures long-term full occupancy of the multi-tenant property.

Platinum, a modern office building in Berlin-Schöneberg, stands out with its striking silver façade. The multi-tenant building has a total of approximately 17k sqm of office space. The property at Sachsendamm 2-7 is centrally located directly on the A 100 city highway with a strong connection to the new BER airport in the south of Berlin in an optimal strategic location. It also has very good public transport connections with the Berlin-Südkreuz long-distance train station, the Schöneberg S-Bahn station and various bus lines.

For more info about the asset visit https://platinum-office.de

About Aroundtown

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 Agricole and many other major institutional investors.