CA Immo Concludes Another Lease Agreement in Frankfurt's High-Rise Project

  • Crédit Agricole Corporate and Investment Bank concludes a long-term lease agreement with CA Immo for around 3,000 m² of rental space in the office and hotel high-rise project ONE
  • 59% of the building is already let, ahead of its planned completion in 2022
  • CA Immo develops the landmark building ONE as a "Tomorrow Proof" property

Frankfurt, 13 October 2021 – CA Immo has signed a 10-year lease agreement with Credit Agricole Corporate and Investment Bank (Crédit Agricole CIB) for around 3,000 m² of office space on two floors in Frankfurt's high-rise project ONE. The company is going to relocate its German head office to the mixed-use building in March 2023. With the conclusion of this lease agreement, roughly 59 % of ONE has already been leased out. JLL acted as advisers on behalf of the tenant and Colliers International on behalf of CA Immo.

 

Guillaume Laubscher, COO, Crédit Agricole CIB: “The guiding principle behind our relocation planning is the well-being of our employees at the new location. The new areas must offer a state-of-the-art environment in which we can create new communication spaces and further develop our team spirit. ONE offers us this customizable framework in which we can align our business premises in a future-oriented manner and permanently meet the ESG criteria of the Crédit Agricole Group through green building certification.”

 

Matthias Winkelhardt, the head of CA Immo Frankfurt on the lease: “The requirements for office buildings and office rental space have increased considerably in recent years. Rental space must offer maximum flexibility to allow for the implementation of very different office concepts – without being inefficient. Besides this, the last few months in particular have also shown the importance of safety for employees in terms of health. This requires innovative solutions, which we can offer our tenants, for example, with the ONE digitalisation concept. We are delighted that we were able to attract another renowned tenant, namely Crédit Agricole CIB, to ONE.”

 

ONE – a landmark development with a sustainable, innovative and future-proof overall concept

The architecturally spectacular, 190-metre-high skyscraper designed by Frankfurt architects Meurer Generalplaner is currently under construction and is expected to be completed by early 2022. It is situated in a central location between Frankfurt’s banking district, the trade show venue and Europaviertel. CA Immo is developing the high-rise ONE office and hotel building with an equal focus on changing tenant needs and the increasing ecological requirements expected of future office properties.

 

Like all current CA Immo project developments, ONE is being developed as a “tomorrow-proof” building with a holistic concept, in line with the company-wide ESG strategy. Sustainability and ecology were given top priority in the early planning phase of ONE’s development, which has had a positive impact on both the resource-efficient construction process and the operation of the building. Accordingly, ONE was the first high-rise building in Germany to be awarded a platinum preliminary certificate by the Deutsche Gesellschaft für Nachhaltiges Bauen e. V. (German Association for Sustainable Building, DGNB). The health and well-being of tenants and their employees were also the focus of considerable attention during the development of ONE. For example, only materials with no negative impact on health are being used in the construction process, and the building is being equipped with one of the most cutting-edge ventilation and air supply systems, as well as additional CO2 sensors in all meeting rooms. In addition, windows can be opened for ventilation purposes, which is not always a standard feature of such high-rise properties. 

 

ONE – the first smart, fully digitalised high-rise in Frankfurt with WiredScore platinum certification

The consistent digitalisation of ONE, modelled on cube berlin, which was developed by CA Immo in Berlin, gives tenants a multitude of additional smart options to ensure the safe, innovative and sustainable operation of their rental space, as required. For example, they can use a building app to enter the building and the rented space without having to touch anything. Lift control is also integrated into the smart, networked building technology, meaning that lifts are called when the building’s users pass through the turnstile gate. The use of sensors in the rental space also enables meeting rooms and workplaces to be booked smartly and efficiently, and space analyses allow them to be put to optimal use. At the tenant’s request, the innovative building technology can be used to maintain minimum distances when booking workplaces or meeting rooms. In addition, tenants can use the building app to manage their individual lighting, air conditioning and sun protection as required. Smart meter and dashboard technology can be employed to support tenant sustainability reporting. Moreover, tenants can use the dashboard to intelligently manage their parking spaces in the neighbouring multi-storey car park. In all cases, the highest priority is given to data protection in accordance with the requirements of the General Data Protection Regulation (GDPR).

 

In view of the digitalisation of work processes and the globalisation of the economy, fast and fail-safe Internet access is also extremely important for a company’s economic success. This is why considerable attention has been paid to providing the best technical communication equipment in ONE. ONE was the first office building and high-rise in Germany to receive WiredScore platinum certification, making it a pioneer in connectivity and digital infrastructure.

 

 

Mixed use as a concept and advantage for office tenants

What is particularly special about ONE is that it conceptually integrates public and private uses: For the lower 14 floors, a long-term lease agreement has already been concluded with the NH Hotel Group, which is set to open a four-star superior hotel under the NH Hotel Group’s lifestyle brand nhow, which was not previously represented in Frankfurt. A rental agreement has been signed with the provider Spaces for the co-working area, which covers some 7,000 m² of rental space. With a café, cocktail bar and lounge, the lobby will not only be open as a common space for office tenants, co-workers and hotel guests, but is also deliberately targeted at external users, turning it into an urban meeting point within the district. The mix of uses offers additional advantages for office tenants: for example, the hotel will have a conference centre that can also be used by office tenants, meaning they don’t need to make as much provision for conferences and meetings within their own premises. The hotel restaurant is also available to office tenants, but the highlight and the crowning glory is the publicly accessible sky bar, located at a height of 185 metres. The stylish bar has a circular terrace, offering a panoramic view of the skyline all the way to the Taunus mountains – a unique spectacle in Frankfurt.

 

ONE: facts and figures

AddressBrüsseler Strasse 1-3, 60327 Frankfurt
Building typeHigh-rise building
Building usesOffice, hotel, conference, co-working, restaurant, café, bar
HeightApprox. 190 metres
Floors49, incl. ground floor
Leasable spaceApprox. 68,000 m²
Leasable office space incl. co-workingApprox.45,000 m²
Leasable space per floorDepending on floor plan approx. 1,500-1,600 m², incl. ancillary areas
Hotel tenantNH Hotel Group with the nhow brand
Hotel useFloors 1-14
Hotel rooms375
Co-working space operatorSpaces
Leasable co-working spaceFloors 15+16, 19-21. Approx. 7,000 m² with around 650 workplaces
Parking spaces472, including 25 with electrical charging stations
Bicycle locking spaces610, of which 33 include charging stations for e-bikes
CertificationsPreliminary DGNB platinum certificate for sustainability
 Platinum WiredScore certificate for optimal connectivity
Planned completion2022

 

Images

Images of the ONE building can be found in the image archive in the Press section at www.caimmo.com using the keyword “ONE” or downloaded from this link.