HOCHTIEF Projektentwicklung secures anchor tenant for maxCologne-Rheinetagen (DE)

HOCHTIEF Projektentwicklung has let a further 6,800 m² at the maxCologne office building in Cologne-Deutz.

At the beginning of 2013 the law firm GÖRG will relocate its Cologne office and headquarters to the Deutz side of the Rhine. With this, the third biggest lease of 2011 in Cologne, GÖRG has secured almost two-thirds of the rental space at the Rheinetagen building. It will lease the five upper floors, with the option for an additional floor.

With this latest lease, just under 93% of the space in maxCologne has already been let now one year before completion.

The maxCologne complex also includes a 22-story high-rise. From 2013, the entire 38,000-m² rental space there will be used by the specialist chemical group LANXESS as its corporate headquarters. The two buildings are being refurbished in line with the criteria for Gold certification from the German Sustainable Building Council (DGNB) and have already received Gold precertification from the DGNB. maxCologne was acquired off-plan by Warburg-Henderson Kapitalgesellschaft für Immobilien for a special real estate fund.

The sole investor is Rheinische Versorgungskassen. HIH Hamburgische Immobilien Handlung supported the acquisition as exclusive asset manager in Germany and is providing ongoing asset management for the owner.

Source: HOCHTIEF Solutions

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