95% of Cologne office complex maxCologne now let (DE)

HOCHTIEF Projektentwicklung has let a further 1,700 m² at the maxCologne office complex in Cologne-Deutz to the GÖRG Partnerschaft von Rechtsanwälten: The legal firm is exercising its option on a further floor in the Rheinetagen building, and will be occupying a total rental area of 8,500 m². This means that 80% of the Rheinetagen building is now let. In total, 46,500 m² of rental space have been let—in other words, 95% of the maxCologne complex as a whole.

In 2011 GÖRG had already concluded the year's third-largest lease in Cologne, for around 6,800 m² — or two-thirds of the rental space in the Rheinetagen building—and will move in to the six upper levels of the seven office stories at the beginning of 2013. The high-rise, which has a rental area of 38,000 m² and 19 office levels, will in future be used by the specialist chemical corporation, LANXESS, as its corporate headquarters.

The two buildings of the maxCologne are being revitalized in line with the criteria for Gold certification from the German Sustainable Building Council (DGNB), and already hold Gold precertification. Prior to the start of construction the Warburg -Henderson Kapitalanlagegesellschaft für Immobilien bought the complex off-plan for its "RZVK Immo" special real estate fund. The acquisition was overseen by the HIH Hamburgische Immobilien Handlung, acting as the exclusive asset manager in Germany, which handles ongoing asset management for the owner.

Source: HOCHTIEF

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