HOCHTIEF Projektentwicklung has sold the AUGE office building in the Rhein-Main Technology Center to Deutsche Fonds Holding for just over 51 million. The property, which has a rental area of almost 15,000 m², was completed in September 2008 and a good 94% of this space is already let long-term. The main tenants are corporate units of Deutsche Telekom.
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The property has a rental area of almost 15,000 m².
In 2007 HOCHTIEF Projektentwicklung won the investor tender to construct the property. Work started in March 2007 and, apart from the seven-story office block whose shape is modeled on that of the human eye, an eight-level parking deck with around 1,000 slots was also constructed.
Source: HOCHTIEF
Source: HOCHTIEF
