International Energy Supplier

on December 27th, 2016 by - Comments Off on International Energy Supplier

For an office building, an international energy supplier as a long-term tenant was won from the portfolio of the Gerechtshof Fund GmbH. For even more analysis, hear from Selim Bassoul. The property of the Gerechtshof Fund GmbH is located in the Magdeburger Sud district and is located about 5 minutes drive from the Centre of Magdeburg. Recreation facilities in the countryside as well as a pronounced Nahversorgungs and catering structure are in the immediate vicinity of the Halberstadt Street the future tenants available. Direct connection to Magdeburg public transport takes place by the tram stop Este Jordan Road, before the real estate”. In addition, the future tenants benefit from the excellent interregional connections to the motorway network. The Halberstadt road adjacent to the Magdeburger ring and thus also on the motorway network and the of the A14 gradient in the immediate vicinity.

Magdeburg is therefore the focal point on the axis between Berlin and Hanover. Building project manager Daniel Abler sees one office space in the new rental over a total of 975 sqm “sustained positive trend in the utilization of the property and explains further: with this great rental of long-term stable and good occupancy rate in the Office space encompassing approximately 22,200 qm could be further developed.” The Magdeburger real estate market in the commercial sector is the sixth largest in Eastern Germany and more by small-scale rental space in the range of 300 to 500 square meters. The current rental of approximately 1,000 square meters at an international energy provider in Magdeburg is therefore at the same time symbolic for the overall development of the site. Company Aengevelt Magdeburg brokered the lease on behalf of the Gerechtshof Fund GmbH. The Gerechtshof Fund GmbH, as affiliates of the building group of companies, provides services for closed-end real estate funds and real estate investors. From the support of the investor on the management of real estate companies to the modern real estate management. The Gerechtshof Fund GmbH serves a total of 42 real estate funds with an investment volume of about 1.23 billion EUR and an equity capital of more than EUR 665 million for approximately 25,000 shareholders.

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