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Aroundtown Achieves Long-Term Lease Extension

Jobcenter, Neustädter Passage 1. Halle (Saale)
The Jobcenter in the Neustädter Passage 1 in Halle (Saale); Image rights: Aroundtown

Aroundtown has achieved a long-term extension of the lease with the city of Halle (Saale) at the Neustädter Passage 1 site. The branch of the job center extends the contract for 1,100 m2 and remains in the property. With the contract extension, Aroundtown underlines its ability to secure stable and sustainable tenant relationships even in existing properties. In addition to the job center, other well-known tenants are based in the property.

 

Centrally located, well connected

The office complex at Neustädter Passage 1 is centrally located in the Halle-Neustadt district. Surrounded by a shopping centre, a shopping arcade and a hotel, the property offers an attractive infrastructure for tenants and visitors. The location guarantees very good accessibility by public transport as well as a high footfall – ideal conditions for use by public institutions such as the job centre. The architecture represents a successful symbiosis of modern design and practical functionality, making it a striking and highly visible part of the urban landscape.

 

Comprehensive service package

Aroundtown provides its tenants with comprehensive tenant services, including personal contacts on site and a central 24/7 service center with trained staff available to commercial tenants around the clock, including weekends and holidays. Aroundtown is the only company in the commercial real estate industry to offer such a comprehensive tenant service. The long-term extension of the lease reaffirms the attractiveness of the property and Aroundtown’s expertise in the real estate market. Aroundtown is one of the leading listed real estate groups in Europe and is listed in the M-Dax.

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