Aroundtown leases 1,000 sqm in office building in Frankfurt City West: Office of the Regional e Diakonie in Hesse n and Nassau moves to Theodor-Heuss-Allee 108

Aroundtown has successfully concluded a new letting in Frankfurt am Main and gained Regionale Diakonie in Hessen und Nassau gGmbH as a new tenant for the office building at Theodor-Heuss-Allee 108. The lease for the office of the non-profit organisation, which currently comprises 16 regions, covers an area of just under 1,000 sqm and runs for a period of ten years. The estate agent Avison Young provided support with the new letting.

The office building in City West, a sought-after business district in Frankfurt's Bockenheim neighbourhood, offers numerous advantages. It is located directly next to one of Frankfurt's main roads, which ensures excellent connections to both the surrounding motorway system and the city centre. The Frankfurt Trade Fair, one of the city's most important conference centres, is within walking distance. Frankfurt's Westbahnhof railway station is also in the immediate vicinity, as is a tram stop, ensuring excellent accessibility by public transport. The building has more than 160 car parking spaces available to tenants. The property is also BREEAM-certified, which emphasises the sustainable construction method and the high standard of environmental compatibility.

The decision by the Regional Diaconia in Hesse and Nassau in favour of this new location underlines the high quality and attractiveness of the site. Aroundtown supports the tenants with a comprehensive range of services, including personal contacts on site and a 24/7 service centre, in order to meet the tenants' requirements at all times. The new letting strengthens Aroundtown's position as a leading provider of commercial property in prime locations and reflects the company's ongoing commitment to providing tailor-made solutions for tenants.

About Aroundtown

Aroundtown is one of Europe's largest real estate companies, M-Dax listed 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, Bloomberg Gender Equality 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), the UN Global Compact Network Germany 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) and Stumpf Capital GmbH 10% (date: 13.11.2023). 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