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SEB Asset Management signs leases in Düsseldorf and Berlin

SEB Asset Management has signed three large-scale leases in Düsseldorf and Berlin:

The city of Düsseldorf is merging the various locations for its Central Administrative Office, extending its rental space in Moskauer Strasse 25–27 from the current 3,300 sqm to around 9,500 sqm. The lease runs until 2023. The six-storey property is centrally located in the “Quartier M” complex, near Düsseldorf Central Station in the east of the city centre, and is virtually fully let as a result.

Paper group Stora Enso is moving within Düsseldorf from Moskauer Strasse 25–27 to Grafenberger Allee 293. The lease comprises approximately 4,000 sqm of office space and runs for five years. The deal with Stora Enso represents one of the largest leasing successes in Flingern-Nord in 2011. The prestigious ten-storey building with an aluminium and glass facade is easy to get to, since it is situated on a main road with a tram stop in the immediate vicinity.

Anteon acted for the tenant during the deal. Property manager EPM Assetis supported owner SEB Asset Management during the negotiations. The two Düsseldorf properties are part of the portfolio belonging to open-ended real estate fund SEB ImmoInvest.

In Berlin, Rocket Internet GmbH has leased 8,500 sqm in Johannisstrasse 20. Parts of the sevenstorey Johannishof building are listed. The property was acquired for SEB ImmoInvest in 2001 following extensive renovation and modernisation work. Alongside the historic architecture, modern elements such as the steel and glass entrance area contribute to the functionality of the office building. The atrium with its glass roof is the centrepiece of the property. The Johannishof building is located in the city centre between the government district and the Hackescher Markt. Angermann and Cushman & Wakefield acted as the agents during negotiations.

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