Portfolio Activity

Updates and news on the portfolio

Date Location Description
July 2008 Düren

The fashion offer at Düren has been further improved through securing Esprit, an international high street retailer with 125 directly managed stores in Germany, on a new seven year lease.

July 2008 Europort

The only vacant warehouse in Europort (1,445 sq m) has been let for 2.5 years to existing tenant Nippon Express, strengthening its presence on the estate.

July 2008 Europort

A six year lease extension has been agreed with FedEx at Europort, demonstrating the attraction of the property to multi-national distributors.

May 2008 Vienna

Baxter, a global healthcare company, has signed a 3 year extension to its current lease and signed a new 5 year lease for part of the 12th floor.

April 2008 Düren

The fashion offer at Stadtcentre has been enhanced with a new letting to Brax Menswear has been signed for 10 years. Brax is a highly regarded fashion retailer with over 900 outlets worldwide.

April 2008 Vienna

Morton, the operator of the IZD café has signed a lease extension for a further 6 years.

April 2008 Montpellier

Planning permission has been granted for Building 2, part of the same forward purchase as Building 1. The second building will provide 2,500 sq m offices to be completed at the end of the year.

March 2008 Vienna

Stora Enzo, a paper and packaging company, has renewed its lease in the Tower for a further 5 years.

March 2008 Vienna

ÖBB, the Austrian state railway company, has signed a new 6 year lease for part of the 10th floor and renewed and extended their existing leases for over 6 years.

March 2008 Vienna

A new 6.5 year lease of part 21st floor has been concluded with Houf, an accounting and tax consultancy.

March 2008 Münster

A 10 year lease extension to 31/12/2018 has been concluded with Essanelle, a national hairdressing group with 635 salons across Germany.

February 2008 Vienna

A new 7.5 year lease has been taken by Borealis, a leading designer and manufacturer of plastics. Borealis occupy the space for their head office function supporting their manufacturing facilities across Europe and America.

January 2008 Montpellier

The pre-let office development to be occupied by Groupama has been successfully completed.

December 2007 Düren

TY Nails have taken a new 10 year lease for a nail salon within the shopping centre which will further expand the facilities available to shoppers.

October 2007 Vienna

Verbund, Austria’s leading electricity company, has taken a new lease of over eight years for a new head office in the IZD Tower.

July 2007 Saint-Etienne

Practical completion has been achieved. The whole building (36,476 sq m offices) is pre-let to Casino for 10 years.

July 2007 Düren

Mayersche, the national book retailer with 37 branches throughout Germany, has taken a ten year lease for a new bookstore in the Stadtcentre.

February 2007 Kaiserslautern

A lease of 2,739 sq m to key retailer Hennes & Mauritz has been extended until July 2013.