HOCHTIEF Projektentwicklung lets 2,500 square meters in Offenbach-Kaiserlei

Keller Holding to move into M²O office building—82 percent of second phase of the MainOFFice now let

HOCHTIEF Projektentwicklung has signed a ten-year lease with Keller Holding for 2,500 square meters of office space in the M²O building which has a total rental area of around 14,100 square meters. The leading international foundation engineering company will move into three floors of the building in June 2012. This means that 82 percent of the second phase of the MainOFFice in Offenbach-Kaiserlei is now let. The anchor tenant, with almost 9,100 square meters, is Siemens Energy Sector.

The MainOFFice comprises two phases: The first building with a rental area of just under 26,100 square meters was completed in 2004. The sole user of the first phase, on the 13,000-square-meter, western side of the lot, is Siemens Energy Sector. The second building, M²O, on the roughly 6,200-square-meter eastern side of the lot, was completed in September 2009. M²O is made up of two sections which are connected to each other by a five-story bridge. The office property is conveniently located on the edge of Frankfurt city, and can be divided into several rental units of 250 square meters and over. In total, M²O has almost 160 car parking slots.

HOCHTIEF is one of the leading international providers of construction-related services. With more than 70,000 employees and a sales volume of EUR 20.16 billion in FY 2010, the company is represented in all the world‘s major markets. The Group‘s service offering in the fields of development, construction, services, concessions and operation covers the entire life cycle of infrastructure projects, real estate and facilities. In the USA, the biggest construction market in the world, HOCHTIEF is the No. 1 general builder via its subsidiary Turner and, with Group company Flatiron, ranks among the most important players in the field of transportation infrastructure construction. With its subsidiary Leighton (HOCHTIEF share around 54 percent), the Group is market leader in Australia. Because of its engagement for sustainability, HOCHTIEF has been listed in the Dow Jones Sustainability Indexes since 2006.

HOCHTIEF Solutions consolidates the core business of the HOCHTIEF Group in Europe and in selected regions worldwide. The company plans, develops, builds, operates and manages real estate and infrastructure facilities. HOCHTIEF Solutions is the management company of the Group’s Europe division which employed around 15,000 people around the globe in fiscal 2010. In many regions and segments, the company is a market and innovation leader.

HOCHTIEF Projektentwicklung is a fully owned subsidiary of HOCHTIEF and organizationally related to HOCHTIEF Solutions. Since 1991 the company has been developing, realizing and marketing real estate projects in Germany and abroad and is considered Germany’s leading inner-city developer. Its core business comprises office buildings in central business districts and areas within easy reach of city centers. It also focuses on retail properties, residential properties and accommodation for senior citizens, and the development of entire urban quarters. Hotels, distribution centers and special-purpose properties are also among the product market segments which the company addresses. HOCHTIEF Projektentwicklung does not build up any property portfolio of its own but operates as an “interim investor” with the goal of selling its projects to a final investor as swiftly as possible.

HOCHTIEF Solutions AG
Alfredstrasse 236
45133 Essen
Germany
Gabriele Stegers
Head of Communications Real Estate Solutions
Tel.: +49 201 824-2282
Email: gabriele.stegers@hochtief.de
Web: www.htp.hochtief-solutions.com

This release was published on openPR.