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Cushman & Wakefield achieves first lettings in Düsseldorf’s THE FIVE office development

22/02/2023

The Düsseldorf office letting team of international real estate consultancy firm Cushman & Wakefield (C&W) has brokered the letting of a total of around 1,200 square metres to two companies in the "The FIVE" property development project. These are the first leases concluded for the new building, which is scheduled for completion in Q2 2023. The property was initially developed by Development Partner and sold to BNP Paribas Real Estate Investment Management (REIM) Germany at the end of 2020.

The future tenant of the office building at Uerdinger Strasse 5 is “intecplan”. The engineering firm, which is part of the LIST Group, plans and manages the implementation of building technology concepts that are both ecologically sustainable and economically viable. The company will occupy 920 square metres of the seven-storey building.

BENCO Partners was also won as a tenant by C&W. The purchasing consultancy specialising in IT, telecommunications and networks has rented 260 square metres of office space.

“The FIVE” is located in the close to the banks of the Rhine in the established Kennedydamm office submarket with optimum public transport and road access. Around 5,900 square metres of lettable area is being realised.

The property, for which LEED Gold certification is being sought, is located in a lively urban environment with various restaurants and cafés in the immediate vicinity and additionally offers roof terraces with panoramic views of the Rhine.

MEDIA CONTACT

verena bauer
Verena Bauer

Head of Business Development Services, Germany • 60311 Frankfurt am Main

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