Another two major letting contracts for 17,000 m² at MainTor Quarter (DE)

At the turn of the year, DIC achieved another two significant marketing successes in its development of the MainTor Quarter in Frankfurt's financial district.

• The renowned international legal and business consulting firm CMS HascheSigle has rented more than 9,000 m² in the MainTor Panorama office building (which represents around 70% of the rental space there) and will vacate its current premises in Frankfurt's Westend district (Barckhausstrasse 12-16) by mid-2015.

• Union Asset Management Holding AG (Union Investment) has rented another 8,000 m² at MainTorPorta and will thus occupy the entire lettable area in this office property. A year ago, the company already signed a rental agreement for nearly 14,000 m² in the building.

The major letting contracts with CMS HascheSigle and Union Investment ensure that another important prerequisite for a profitable realisation of the two construction stages Panorama and Porta is in place. Accordingly, the development of the city quarter (MainTor - The Riverside Financial District) is progressing at a brisk pace: Around 60% of the project volume is already in the realization stage, well ahead of schedule. The SDAX-listed company DIC Asset AG acts as co-investor and holds a 40% interest in the development of the quarter.

Ulrich Höller, CEO of DIC: "These major letting contracts once more underline the fact that the MainTor Quarter has already made a name for itself as superior location and first-rate product in Frankfurt's banking district."

Source: Thomas Pfaff Kommunikation

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