- Gross lettable area of 8,000 square metres
- Multi-tenant property, with Arcadis as head tenant
Hamburg, 5. December 2018 – Warburg-HIH Invest Real Estate (Warburg-HIH Invest) just acquired an office scheme with a gross lettable area of around 8,000 square metres and 93 underground parking spots in Darmstadt, a city in southern Hesse. The property is earmarked for the Deutschland Selektiv Immobilien Invest special real estate special AIF.
It is located in the Europaviertel sub-district across from Darmstadt’s central railway station and therefore superbly connected both to the public transportation grid and the highway network. Frankfurt Airport is mere minutes away via the A5 motorway. The multi-tenant building currently has an occupancy of 91 percent and therefore some reletting potential. Head tenant is Arcadis, a project supervisor operating worldwide.
“With 130,000 jobs in the IT sector, the chemical industry, in mechanical engineering and space technology, Darmstadt is an important industry and office location that is simultaneously very conveniently linked to Frankfurt and its airport,” said Hans-Joachim Lehmann, Managing Director at Warburg-HIH Invest. “The tremendous economic potential is reflected in the fact that Darmstadt made the top spot in the Future Index of the annual city ranking compiled by iwconsult, the ImmobilienScout24 real estate portal and the WirtschaftsWoche business weekly. The high density of research institutes that the ranking confirmed and the extensive research activities by local companies make Darmstadt also a fascinating destination for longterm office investments.”
“With 130,000 jobs in the IT sector, the chemical industry, in mechanical engineering and space technology, Darmstadt is an important industry and office location that is simultaneously very conveniently linked to Frankfurt and its airport. The tremendous economic potential is reflected in the fact that Darmstadt made the top spot in the Future Index of the annual city ranking compiled by iwconsult, the ImmobilienScout24 real estate portal and the WirtschaftsWoche business weekly. The high density of research institutes that the ranking 2/2 confirmed and the extensive research activities by local companies make Darmstadt also a fascinating destination for long-term office investments.”
Hans-Joachim Lehmann, Managing Director Germany
Warburg HIH Invest
