AXA IM Alts secures 6000 sqm of lettings at redeveloped TechnoCampus Berlin
AXA IM Alts, a global leader in alternative investments with c.€188 billion of assets under management1 , announces that it has secured two new tenants at the landmark TechnoCampus office complex in Berlin, Germany.
AXA IM Alts acquired TechnoCampus in 2018, on behalf of clients, from Caleus TechnoCampus Berlin GmbH, who retains a minority stake. AXA IM Alts has since developed two further state-of-the-art buildings on the complex, which now totals 62,000 sqm of highly sustainable Grade A office space across three buildings, offering flexible and modern floor plates of between 500 and 5,000 sqm, alongside a large offering of services to meet the needs of today’s modern workers.
Netto, the Danish retailer, has agreed to take c. 3,400 sqm of space, to relocate its German head office to TechnoCampus. It will occupy the upper floors of building F from the end of 2023.
A separate 15-year lease of c. 2,600 sqm has been agreed with the Berlin branch of Clinical Research Services (CRS), a pharmaceutical research company, who will move into the remaining floors of the same building next year, where it will have a mix of office and life-science research space.
Following these transactions, the first of the two new buildings is now fully let while the historic core of TechnoCampus remains fully occupied with a diverse and strong tenant mix.
TechnoCampus is situated in the popular Siemensstadt submarket on the fringe of Berlin’s Central Business District, and benefits from excellent accessibility with two underground stations and a motorway nearby. The former industrial area has been regenerated into a modern, mixed-use district and is home to a number of global technology and research companies.
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About AXA IM Alts
AXA IM Alts is a global leader in alternative investments with €188 billion of assets under management2 comprising over €88 billion of primarily private real estate, c.€84 billion of private debt and alternative credit, as well as c. €16 billion in Infrastructure, private equity and hedge funds. We take a 360-degree approach to real assets (real estate & infrastructure) investing with c.129 billion of AUM in direct opportunities, held indirectly through debt and listed equities and via long-term private equity investments into operating platforms. ESG is fully integrated into our investment decision-making processes with our responsible investment approach anchored by the three key pillars of decarbonisation, resilience and building tomorrow. AXA IM Alts employs over 790 people located in 16 offices around the world and serves the needs of more than 500 clients from Europe, North America, Asia-Pacific and Middle East. We are the number one property portfolio and asset manager in Europe3 , and one of the largest worldwide.
About AXA Investment Managers
AXA Investment Managers (AXA IM) is a responsible asset manager, actively investing for the long-term to help its clients, its people and the world to prosper. Our high conviction approach enables us to uncover what we believe to be the best global investment opportunities across alternative and traditional asset classes, managing approximately €864 billion in assets as at the end of March 2022.
AXA IM is a leading investor in green, social and sustainable markets, managing €563 billion of ESG-integrated, sustainable and impact assets as at the end of December 2021. We are committed to reaching net zero greenhouse gas emissions by 2050 across all our assets, and integrating ESG principles into our business, from stock selection to our corporate actions and culture. Our goal is to provide clients with a true value responsible investment solution, while driving meaningful change for society and the environment.
At end of December 2021, AXA IM employs over 2,460 employees around the world, operates out of 23 offices across 18 countries and is part of the AXA Group, a worldwide leader in insurance and asset management.
Visit our websites https://alts.axa-im.com and www.axa-im.com
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