International real estate investment manager Savills Investment Management (Savills IM) has signed a total of six new leases covering more than 7,450 sqm for the Hamburger Welle office building at Lübecker Strasse 128, Hamburg.
The new main tenant acquired by Savills IM is AERIUS Marine GmbH, a member of the RH Marine Group. The company, which was previously known as Imtech Marine Schiffbau-/Dockbautechnik, has a long tradition stretching back to the formation of Rud. Otto Meyer (ROM) in 1858. It is relocating its headquarters from the Wandsbek district of Hamburg to Hohenfelde and will occupy approximately 4,500 sqm of office space on two floors of the Hamburger Welle building as from the middle of the year. AERIUS Marine GmbH is the market leader for the design, installation and commissioning of complex marine HVAC solutions, as well as being active in the areas of piping, refrigeration technology and fire protection. Its core business is passenger ships and naval vessels.
CBRE acted as the agent for AERIUS Marine GmbH during the negotiations. BNP Paribas Real Estate advised the owner on all the leases signed.
A new five-year lease for 1,560 sqm of space was signed with existing tenant Capgemini Deutschland Holding GmbH. The company is a management and IT consultancy, as well as providing technology and outsourcing services. Grossmann & Berger advised the tenant during the deal.
A five-year lease was also signed with Opitz Consulting. The IT consultancy, which employs more than 400 people at 11 locations in Germany and Poland, will move into approximately 580 sqm of space in May 2016. GEDAT Datentechnik GmbH, which was advised by Angermann, will occupy approximately 470 sqm of office space on the fifth floor as from April 2016. The IT services company, which focuses on the beverage industry, signed a five-year lease. Construction company ECC Massivhaus GmbH has already moved into the building, after taking 230 sqm of space on a long lease. The Wackelzähne children’s dentists expanded its existing lease by just under 110 sqm to approximately 680 sqm of space, and prolonged it by five years to 2026.
The building, which was designed by the Hamburg-based architects Bothe Richter Teherani BRT, has become a sought-after business address in Hamburg-Hohenfelde within a very short time of its refurbishment.
As a result, roughly 70 per cent of the approximately 16,425 sqm of space in the building, which was extensively renovated in 2015 and repositioned as a multi-tenant building, has now been leased for the long term to 16 companies. Other tenants include The Quality Group, a consultancy and software company, real estate services provider Stöben Wittlinger, and Flemming Dental Service GmbH, along with doctors’ surgeries, law firms and consultants. The average remaining duration of all leases is in excess of six years.
“We have acquired a large number of new tenants and extended existing leases over the past months. This shows that, thanks to its state-of-the-art office environments and striking architecture, the Hamburger Welle is a highly attractive commercial building for a large number of enterprises”, said Ines Eidam, the asset manager responsible for the building at Savills Investment Management. “As a result, we are expecting the current strong demand for the remaining free space to continue.” The heart of the building features a new Zen garden, which not only sets the tone for the prestigious entrance area but also provides users with recreational space and a special meeting place.