BNP Paribas Real Estate completed the acquisition of Mannheim office property from developer HONEYCAMP Group. The property is situated on a site encompassing just under 11,500m². It boasts 76 office and commercial units featuring a total of roughly 9,200m² of rental space that can be flexibly partitioned into units ranging from 110m² to 1,000m². The property also includes 113 parking spaces, 8 of which have already been equipped with e-charging stations and another 16 that are ready for installation as needed.
The property features a number of common areas that provide space for tenants to get together and share ideas. These include a café, a bar, The Hive event location, space for meetings and presentations and the 21 Supper Club, a meeting space with an event kitchen and a rooftop terrace. “The synergy effects, inspiration and collaboration this creates give tenants added value”, explained Isabella Chacón Troidl, CIO of BNP Paribas REIM Germany.
The multi-tenant asset opened in 2021 and is currently fully let to 45 different businesses ranging from manufacturing and service providers to research, development and engineering companies. “Such variety also means risk diversification, making the model particularly attractive to our investors”, said Isabella Chacon Troidl. “This diversity also enables us to offer shorter leases to some of our tenants, which particularly helps young companies to stay flexible. Start-ups often grow fast and are on the lookout for ways to adapt their space at short notice as they grow. Honeycamp’s ground and upper floor units can be combined and separated as needed.”