(Berlin) – Hines, the global real estate firm, on behalf of its Hines European Value Fund (HEVF 1), has agreed a new 10-year green lease with the Fraunhofer Institute for Open Communication Systems FOKUS at its existing headquarters, at Atrium Charlottenburg, in Berlin.
The Fraunhofer Institute FOKUS has been located at the property since 1997 and has extended its lease terms to remain on nine floors totaling c. 16,000 square metres. The institute specialises in applied research and development in the field of information and communication technology. Through the green lease, both the occupier and landlord will be required to use or manage the space in a particularly sustainable manner including the collection and exchange of consumption data, promotion of sustainable energy sources, and consumption reduction. The common goal for Atrium Charlottenburg is to achieve the most sustainable, resource-conserving, and ecologically efficient property as possible.
Dr. Kai-Magnus Schulte, managing director at Hines, says: “By concluding the long-term lease, we continue to retain Fraunhofer Institute FOKUS as a loyal existing tenant in the Atrium Charlottenburg. The new lease underlines the attractiveness of the location and the building, which will be further optimised and modernised in the upcoming years. In doing so, we place great value on ESG, which we express through the design of the green lease itself as well as other structural measures in particular the replacement and modernisation of the building control system.”
Source: Hines.com on the 6th of June
https://www.hines.com/news/hines-and-fraunhofer-institute-close-long-term-green-lease-for-atrium-charlottenburg-in-berlin