Successful new letting: Aroundtown fills around 2,400 sqm of commercial space in Berlin with a long-term lease

Aroundtown, one of Europe's leading listed real estate groups, has signed a long-term lease for around 2,400 sqm of commercial space at Siemensdamm 50 in Berlin to Mosaik-Berlin gGmbH, an organization for the social and professional integration of people with disabilities. The 15-year lease agreement with Mosaik-Berlin gGmbH demonstrates Aroundtown's strength as a long-term partner and real estate provider.

The listed building with its striking historical façade was built by Siemens in 1930 and combines historical charm and uniqueness with modern functionality. In addition to landscaped courtyards, the building offers a concierge service, secure access and a large number of parking spaces. The prime location in the west of Berlin, right next to the "Siemensdamm" subway station and directly connected to the Berlin ring road, makes the building an attractive location.

This letting success highlights Aroundtown's expertise in the real estate market. The long-term letting to Mosaik-Berlin gGmbH not only confirms the attractiveness of the Siemensdamm 50 location, but also Aroundtown's high quality of service. With comprehensive tenant services, including personal contacts, a 24/7 service center with trained staff and a unique level of service in the commercial real estate sector, Aroundtown sets standards in tenant satisfaction and retention.

Further property information: sd50.de

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