AXA IM Alts, a global leader in alternative investments with c.€188 billion of assets under management, announces that it has secured two new tenants at the landmark TechnoCampus office complex in Berlin, Germany.
AXA IM Alts acquired TechnoCampus in 2018, on behalf of clients, from Caleus TechnoCampus Berlin GmbH, who retains a minority stake. AXA IM Alts has since developed two further state-of-the-art buildings on the complex, which now totals
62,000 sqm of highly sustainable Grade A office space across three buildings, offering flexible and modern floor plates of between 500 and 5,000 sqm, alongside a large offering of services to meet the needs of today’s modern workers.
Netto, the Danish retailer, has agreed to take c. 3,400 sqm of space, to relocate its German head office to TechnoCampus. It will occupy the upper floors of building F from the end of 2023.
A separate 15-year lease of c. 2,600 sqm has been agreed with the Berlin branch of Clinical Research Services (CRS), a pharmaceutical research company, who will move into the remaining floors of the same building next year, where it will have a mix of office and life-science research space.
Following these transactions, the first of the two new buildings is now fully let while the historic core of TechnoCampus remains fully occupied with a diverse and strong tenant mix.
TechnoCampus is situated in the popular Siemensstadt submarket on the fringe of Berlin’s Central Business District, and benefits from excellent accessibility with two underground stations and a motorway nearby. The former industrial area has been regenerated into a modern, mixed-use district and is home to a number of global technology and research companies.
Source: realassets.axa-im.com/ on the 23rd of May