Long-term letting success for Aroundtown in Dortmund: Bob W moves into over 3,000 sqm on Königswall

Aroundtown, one of Europe's leading listed real estate groups, has signed a long-term lease for the ‘Alte Post’ property at Königswall 1-3 in Dortmund. Bob W is moving in for a lease term of 15 years in an area of approx. 3,300 sqm. Bob W offers exceptional short-term flats, which emphasises the property's innovative usage options and multifaceted appeal.

The mixed-use property ‘Alte Post’ is located in the heart of Dortmund, in a prime location right next to the main railway station and the central ring road, close to the main pedestrian zone. The prestigious historic building comprises various commercial and retail spaces as well as flexible office units. There are numerous shopping facilities and restaurants in the surrounding area, which further underline the attractiveness of the location. The transport connection via the Kampstraße underground station and the proximity to Dortmund's main railway station offer additional advantages.

This successful letting agreement is further proof of Aroundtown's expertise in the property market. Aroundtown offers tenants comprehensive services, including personal contacts on site and a 24/7 service centre 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 property sector to offer such a comprehensive tenant service.

Further information: https://altepost-dortmund.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