Frankfurt-based aam2core Holding AG has acquired the office and commercial building "Stadtfenster" at Hansastrasse 30 in Dortmund from CLS Holdings plc. The landmark building offers c. 4,000m2 of lettable space, consisting of generous office areas and 600m2 for gastronomy and retail. The purchase price was not disclosed.
Originally built in the 1950s, the "Stadtfenster" has been extensively modernised and extended by two storeys. It features an architecturally striking glass facade with large glass windows that provide a stylish contrast to the rest of the exterior. It was also one of the first existing buildings in Germany to receive DGNB certification.
Sustainable features of the “Stadtfenster” include a photovoltaic system, state-of-the-art lighting control systems and innovative night ventilation for air conditioning. The preferred use of renewable building materials will contribute significantly to reducing energy consumption and CO2 emissions.
aam2core Holding AG plans to further optimise the building's technology and implement sustainable facility management strategies as well as green lease agreements with tenants.
Alexander Jockel, Associate Director - Commercial Investments at aam2core, is enthusiastic: "With this acquisition, we continue our strategy of investing in emerging property markets. We aim to unlock the full potential of the property and increase its value through specific measures. The ‘Stadtfenster’ is an excellent example of successful development within an existing structure. This will be one of the key challenges of the future.”
The "Stadtfenster” is centrally located in Dortmund's city centre, just a few minutes’ walk from the main railway station and several public transport stops.
The transaction was exclusively advised by Brockhoff.
Image Copyright: aam2core Holding AG
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