Leasing success for Aroundtown in Lyoner Quarter:

Two long-term tenants move into "Astropark" Frankfurt

Aroundtown's experts have successfully concluded long-term leases with two new tenants on approximately 4,000 sqm at Lyoner street 9 in Frankfurt. The global logistics service provider BDP International GmbH is relocating its Frankfurt site to Astropark with a long-term lease. The second new tenant will have its headquarters in Astropark in the future and is designing the office space according to its own wishes.

Astropark in Frankfurt's Niederrad district is located near the southern bank of the Main River in the middle of the lively Lyoner Quarter. The building is situated on park-like grounds and offers modern office worlds in addition to striking architecture with large glass surfaces. The large star-shaped office building is the central hub of the business quarter with good connections to the city center as well as Frankfurt Airport. The Lyoner Quarter is considered a high-demand location for national and international companies.

The new leases are a continuation of Aroundtown's leasing successes in Letting and Asset Management. In the Campus Carreé property at Lyoner street 25, also in the Lyoner Quarter, Universal Pictures International Germany GmbH extended its long-term lease for another eight years for more than 1,150 sqm of office space. Among other things, the Campus Carrée office property impresses with its modern architecture and attractive exterior façade.

Further information:

https://bueros-frankfurt-niederrad.de/ and www.astropark-frankfurt.de

About Aroundtown

Aroundtown is Europe's third-largest listed real estate company 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, DAX 50 ESG Index, S&P Europe 350 ESG 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) 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) followed by Blackrock at 5.3% (date: 31.03.2023). Other shareholders include Norges, Vanguard, Allianz, BNP Paribas, Japan’s Government investment fund, Aliance-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