Long-term stability through lease extension: Ehret+Klein AG and ExOne GmbH have agreed on an early contract extension for a further five years for the entire office, warehouse and production building at the Gersthofen site. The existing lease was previously valid until 31.12.2027 and has now been extended ahead of schedule until the end of 2032.
The property, located at Daimlerstraße 22 in Gersthofen, was built in 2014 and comprises 16,847 m² of office, warehouse and production space, which is fully used by ExOne GmbH. The company manufactures 3D printing products from sand and will combine both its entire administration and production at this location. The recent merger with the other 3D printing manufacturer voxeljet AG will further expand the presence at the Gersthofen site.
The location offers sufficient space for the spatial consolidation of the two companies. As part of the lease extension, Ehret+Klein AG undertakes to convert premises previously used as an archive into office space. ExOne GmbH is implementing the expansion of the production areas on its own.
“We are pleased about the early extension of the contract by ExOne GmbH. This will enable us to continue to support the company in its location strategy and at the same time gain a long-term tenant that offers our investors particular stability,” explains Anton Bernhardt, Head of Fund and Asset Management at Ehret+Klein AG.
“The early extension of our lease underlines our clear commitment to the Gersthofen location. By bringing the two companies together here, we are creating a strong foundation for further growth and strengthening our position as a leading provider of industrial 3D printing solutions,” says Eric Bader, Managing Director of ExOne GmbH.
The single-tenant property was acquired by the Greater Munich Real Estate Fund (GMREF) in 2020 and has been managed by Ehret+Klein AG since then. The GMREF is an open-ended real estate special AIF with fixed investment conditions. It is aimed exclusively at semi-professional and professional investors in accordance with the KAGB. The focus is on fully let new buildings and well-positioned, mixed-use existing properties in the Munich metropolitan region.
