Country News
06.06.2016

IMMOFINANZ with further successful rental in the German office portfolio

IMMOFINANZ has finalised the rental of approx. 10,200 sqm in the production technology cluster on the RWTH Aachen Campus. The province of North Rhine-Westphalia, represented by Bau- und Liegenschaftsbetrieb NRW (BLB NRW), has signed a 20-year lease. This raises the pre-rentals in the production technology cluster up to a level of roughly 90%.

“Following the major rentals in our FLOAT office development project and trivago’s decision in favour of the Düsseldorfer Medienhafen, this success is further evidence of the attractiveness of our development projects. We intend to continue our efforts to strengthen our presence on the German market in the future“, indicated Till A. Diekmann, Managing Director of IMMOFINANZ Germany.

The production technology cluster has approx. 29,000 sqm of rentable space and is the largest cluster to date on the RWTH Aachen Campus. The completion of the shell construction was celebrated with a topping-off ceremony at the end of April, and completion is scheduled for the first quarter of 2017.