HANS BOCKLER AVENUE – HANNOVER
Location
Geographic location
Hannover is the capital of the federal state of Lower Saxony in Germany. With a population of 536,925 and a conurbation of 1,132,130, it is the third largest city in northern Germany. It is a modern, yet pleasant city with a large part of its territory covered by greenery.
The building is located in a fast-growing service sector environment and the city has the world’s largest exhibition centre where major events, such as the world’s largest industrial technology trade fair, take place.
About
Details
- An office building in Hanover, representing a significant rental risk following the potential departure of the main tenant.
- Negotiation with the tenant for the signature of a new lease.
- Signature of a new 10-year lease with a single tenant Nord LB Bank.
- Stabilisation of cash flow and increase in asset value.
Disclaimer
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