News


Europaviertel Frankfurt: MAYER BROWN RENTS SPACE IN NEW TOWER 185

Frankfurt, 25 August CA Immo has negotiated another rental contract for the not-yet-built Tower 185 in Frankfurt.

The tenant in question is the international lawyer’s office Mayer Brown LLP. The company is renting approx. 4,500 m² (48,437 ft²) of office space in the building.

Tower 185 was designed by Prof. Christoph Mäckler Architekten (Prof. Christoph Mäckler Architects) according to strict sustainability criteria and, at a height of 200 metres (656 feet), is the fourth-highest office building in Germany. The building has a total of around 100,000 m² (1,080,000 ft²) of rental space. Other tenant of the building is the auditing and consulting company PwC AG, which has rented around 68,000 m² (732,000 ft²) of office space. Including the recently negotiated contract, 73% of the space has already been rented out. Work on the building will have been completed by the end of 2011. The base building was completed at the end of 2010 and is already occupied by PwC AG.

Tower 185 is in a central location between the banking and trade fair districts on Friedrich-Ebert-Anlage and forms the entrance to the Frankfurt Europaviertel (European Quarter, where CA Immo has already realised a number of properties itself as well as with partners and investors. As one of the final building blocks in the quarter, CA Immo has been working on the shopping and entertainment centre Skyline Plaza and the attached congress centre together with ECE Projektentwicklung since June 2011. The complex is expected to open as early as autumn 2013. With around 180 shops, an international range of restaurants, a 9,000 m² (97,000 ft²) wellness and fitness area and a 10,000 m² (107,600 ft2) roof garden, Skyline Plaza rounds off the vibrant usage mix in the Europaviertel quarter.

Images of Tower 185 are available for download in the image archive of the Press section at www.caimmo-deutschland.de or via this link.

About CA Immo
CA Immo was founded in 1987. The company develops and invests in commercial real estate (and in particular offices) in Austria, Germany and Eastern Europe. Taking account of properties worth some € 1.5 bn acquired through the takeover of Europolis, CA Immo's property assets at the start of 2011 stand at just over € 5 bn. The proportion of the Eastern and South Eastern European segment in the portfolio as a whole has expanded from around 19 % to over 40 %, bringing it onto a par with the German segment. CA Immo has been managing its development projects in Eastern Europe through the CA Immo New Europe (CAINE) project development fund since the end of 2006. CA Immo is listed on the Vienna Stock Exchange, with free float of around 83 % at the present time.

Please address any questions to:
CA Immobilien Anlagen AG
Susanne Steinböck
Tel.: +43 1532 590 7533
Email: steinboeck@caimmoag.com
www.caimmoag.com


Friday, 26. August 2011 11:13