06/30/2008: ECE rents out over 13,000 square meters of office space on behalf of DBV-Winterthur/Axa Property Managers Germany
On behalf of DBV-Wintherthur/Axa Property Managers Germany, ECE has rented out a total of 13,000 square meters of office space in Berlin.
The main focus was on the "Knesebeck-Ensemble in Berlin-Charlottenburg, which has been standing vacant following refurbishment. In this building, which formerly held the Regional Audit Office, ECE has been able to rent out 8,700 square meters to a total number of 20 companies, thus achieving an occupancy rate of nearly 95 percent. Here, the size of the individual rental units ranges from 212 to 928 square meters, the average rent is 12 Euro per square meter.
In addition to that, ECE has rented out approximately 600 square meters in the Haus der Schweiz (Unter den Linden / corner of Friedrichstraße), which is now occupied to 80%. Moreover, ECE has been able to rent out 3,700 square meters in the "Michaelsen Palais that was built in 1904 and is located at Checkpoint Charlie. In this case, too, approximately 80 percent of the space is now leased.
Dr. Dorkas Ehrbeck, ECE District Manager, Office Building Leasing: In a difficult market, we were able to demonstrate that our concept of focusing on few large properties does work for the investors.
ECE has been developing, planning, realizing and managing large properties since 1965. This includes Potsdamer Platz Arkaden, the Atrium on Friedrichstraße and TV Studio Berlin-Adlersdorf, among others. In Hamburg, ECE has just completed a new office building for the law firm Lovells at the Inner Alster lake, in Essen ECE is developing the new ThyssenKrupp quarter and in Sofia ECE is planning the construction of the Europe Tower - with its 201 meters the highest building in Bulgaria.
