DGAP-News: TLG IMMOBILIEN AG / Key word(s): Contract/Real Estate
TLG IMMOBILIEN lets 2,200 sqm of office space to 1&1
- Lease commences in April 2016
- Lease term: four years, with option
- 1&1 thus uses 3,200 sqm in property at Alexanderstraße 3, 5
Berlin, 21 December 2015 - 1&1 Internet SE, a leading DSL and mobile communications provider in Germany, is expanding its presence at its existing Berlin location at Alexanderstraße 3, 5, 10178 Berlin. The expanded lease agreement was signed last week. The company has occupied approx. 1,000 sqm of office space in TLG IMMOBILIEN AG's property since December 2014. Beginning in April 2016, 1&1 is expanding its let space by a further 2,200 sqm on the second storey. The lease agreement for the office space, now totalling approx. 3,200 sqm, has a four-year term with an option for renewal.
"This underscores the increasing attractiveness of Alexanderplatz as office location in Berlin", said Sven Graven, Head of TLG IMMOBILIENAG's North branch office.
The majority of TLG IMMOBILIEN's office property portfolio is located in Berlin. Additional office property portfolios are located mainly in regional economic centres such as Dresden, Leipzig and Rostock. Tenants for the Company's office properties are primarily economically strong private companies and publicly owned entities.
About TLG IMMOBILIEN
|Company:||TLG IMMOBILIEN AG|
|Phone:||030 - 2470 - 50|
|Fax:||030 - 2470 - 7337|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart|
|End of News||DGAP News Service|