The subject property is a single building with five storeys plus three underground levels. The building was constructed in 2004. It has one main entrance, and the office areas could be subdivided into 3 units per floor. The property offers views of the Frankfurt skyline. Altogether the building comprises 109,104 sq.ft of lettable area. This lettable area provides 77.664 sq.ft offices, and 31.440 sq.ft of other space (storage, colmon area, terrace). There are altogether 206 parking spaces in the underground parking garage and in front of the building. The building is in a good condition. The stunning architecture of the property offers high quality building materials and is built to the latest standards. The optimal horizontal and vertical divisibility of the building permits leases to several tenant.

SIEMENSSTRASSE – BAD HOMBURG

Total GLA

109.10 sq.ft

Occupancy

71 %

Last External valuation

$20.50 M

Walt

2.5 years

SIEMENSSTRASSE – BAD HOMBURG
  • Stabilise cash flow by signing renewal and new leases on the building,  and refinance the property now that the mortgage loan has been fully repaid.
  • Increasing the occupancy rate of the building and the average remaining lease term with tenancy-driven capex
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