Successful new letting for Aroundtown in Frankfurt

Renowned institution moves into Olof-Palme-Strasse on long-term lease

Aroundtown has successfully leased around 4,000 sqm at Olof-Palme-Strasse 35 in Frankfurt am Main to a renowned institution.

The office building meets high environmental standards and was recently awarded the BREEAM certificate, one of the world's leading certification systems for green buildings.

The office property is conveniently located in the north of Frankfurt. It is near a highway intersection with direct access to downtown Frankfurt and the well-developed highway network. The property is also in close proximity to the Riedberg campus of the Goethe University. Another plus point of the property is the canteen in the building, which is available to all tenants.

Aroundtown provides the new tenant with comprehensive tenant services, including personal contacts on site and a central 24/7 service center with trained staff who are available to commercial tenants around the clock, including weekends and public holidays. Aroundtown is the only company in the commercial real estate sector to offer such a comprehensive tenant service.

This new letting underlines Aroundtown's expertise in the real estate market and the ability to deliver quality properties to major institutions. The transaction was advised by Colliers.

About Aroundtown

Aroundtown is one of Europe's largest real estate companies 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