Darmstadt Campus
The property is located on Heinrich-Hertz Straße 3-7 within a commercial zone in a prime office location (Europaviertel). The property is strategically located at the entrance of Europaviertel, benefitting from easy access to the train station and other public transports.
Darmstadt main train station is reachable within 600m walking distance, while the nearest bus stop is within 150m walking distance.
The property consists of six interconnected seven storey office buildings in a double H-shape with an additional link building. Parts of the property are only built with five storeys which provide for more effective natural lighting. The property has highly specified modern open plan office floors with subdivision flexibility.
The property also benefits from 10 exterior parking spaces and an underground parking garage that spans over two levels, providing a total of 363 parking spaces.
In 2023, the Manager secured a pivotal 15-year lease with a German federal government body to take up approximately 25% of Darmstadt Campus. The tenant started paying rent from November 2023 onwards after the end of the rentfree period.
Key Property Data as at 31 December 2023
Year of Completion | 2007 |
City Location | Darmstadt, Germany |
Ownership | 100% |
Land Tenure | Freehold |
Total Lettable Area | 30,371 sqm |
Parking Spaces | 363 |
Occupancy | 25.0% |
Independent Valuation | €49.2 million |
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