CONTACT US
Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting cushmanwakefield.com to read:%0A%0A {0} %0A%0A {1} Share on Xing

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

RECENT NEWS

Rethinking European Offices
Rethinking European Offices

Increasing pressure from ESG regulation, changing workplace strategies, lower occupier demand for office space and economic challenges mean that office space in Europe is increasingly threatened by obsolescence and is at risk of becoming unmarketable and therefore unlettable.

Verena Bauer • 18/12/2024

EMEA OUTLOOK 2025
Outlook European Real Estate Market 2025

Improving economic indicators such as GDP growth and resilient labour markets, coupled with more favourable financing conditions, are set to provide positive momentum for the European real estate market in 2025, according to Cushman & Wakefield’s ’EMEA Outlook 2025’ report.

Verena Bauer • 16/12/2024

Law Firms 2024
Law Firms 2024

The latest study ‘Law Firms - Trends and Leasing  Behaviour 2024’ by Cushman & Wakefield shows that the sector continues to favour central, prestigious locations.

Verena Bauer • 05/12/2024

INSIGHTS

Modern dining room. Text: Regulation in the German Housing Market
Insights

Regulation in the German Housing Market

What Investors Need to Know: Legal Framework and Current Market Trends in Leasing. A Report developed by Cushman & Wakefield and Hogan Lovells.
Jan-Bastian Knod • 26/09/2024
Facade of apartmentblocks - with text overlay Micro Apartments
Residential • Investment / Capital Markets

Micro Apartments 2024

The report ‘Micro apartments 2024: An asset class comes of age’  builds on its predecessor from 2021 and analyses the current trends, drivers and opportunities in the German market for micro-apartments. 
Jan-Bastian Knod • 22/08/2024
Inclusive Cities Barometer
Insights • Sustainability / ESG

Inclusive Cities Barometer

Our Inclusive Cities Barometer shows the inclusivity of 44 cities in the EMEA region - including Berlin, Hamburg, Frankfurt, Munich and Cologne.

16/07/2024

CAN'T FIND WHAT YOU'RE LOOKING FOR?

Get in touch with one of our professionals.
With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on Cookies.
MORE OPTIONS
AGREE AND CLOSE
These cookies ensure that our website performs as expected, for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All
SAVE SETTINGS