Aroundtown leases an additional 7,500 sqm on a long-term basis to a DAX-listed company at the Industriepark Mittelfeld in Kassel

Renowned company significantly expands its space at the Henschelplatz 1 location in Kassel

Aroundtown will construct an additional 7,500 sqm hall at Industriepark Mittelfeld for its existing tenant, a DAX-listed corporation. This marks the fourth new development that Aroundtown has realized at the site, and, like the previous projects, the building has already been leased to existing tenants prior to the start of construction. Once again, Aroundtown is supporting its tenants in their expansion plans while further strengthening the site as a key logistics and production hub. Completion and commissioning of the new hall are scheduled for 2028, with preparatory measures already underway.

The leased space comprises a modern logistics and warehouse hall, complemented by office areas. The tenant benefits from excellent transport connections, with quick access to the A7, A44, and A49 motorways, as well as proximity to Kassel-Calden Airport.

“The additional long-term lease by a financially strong industrial company underlines the attractiveness of the Industriepark Mittelfeld and also confirms the successful collaboration with Aroundtown. The tenant’s decision to once again choose space at our location reflects our understanding of the requirements of modern industrial and logistics companies,” says Amir Stern, Regional Director West at Aroundtown.

Several warehouse halls at the site are also BREEAM-certified. BREEAM (Building Research Establishment Environmental Assessment Method) is one of the world’s leading certification systems for sustainable buildings and evaluates, in particular, environmental and socio-cultural aspects of property use. The site therefore meets high standards for sustainable and future-oriented commercial real estate.

In addition to its location, the site also offers a comprehensive range of services: Aroundtown provides all commercial tenants with extensive support services, including dedicated on-site contacts and a central 24/7 service center. The lease agreement with the industrial company underscores Aroundtown’s expertise as a partner for modern and sustainable industrial and logistics spaces. Aroundtown is one of Europe’s leading real estate companies and is listed on the MDAX.

Further information on the industrial park: https://industriepark-kassel-mittelfeld.de/

About Aroundtown

Aroundtown is one of Europe's largest real estate companies, MDAX listed and focused on income generating quality properties that have potential for value-add in central locations mainly in Germany, the Netherlands and London. 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 the Dow Jones Best-in-Class 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, Supporting member of the Society of Property Research (gif) as well as a signatory to the 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, BNP Paribas, AXA, Alliance-Bernstein, APG, Dekabank, State-Street, Bank of Montreal and many other leading international investors. The main bond investors include ECB, GIC, Union Investment, DB, UBS, Nordea, Allianz, M&G, Pictet, Credit Agricole and many other major institutional investors.

In collaboration with the ZIA, Aroundtown is actively committed to promoting innovation and the future viability of the real estate industry.

www.aroundtown.de