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
