CLS leases 4,390 sqm of office space in Hamburg

In Hamburg, CLS Germany, has signed a long-term lease agreement with the Hamburg-Harburg district authority for the “Harburger Ring 33 & 35” property in Hamburg. The agreement is for 20 years and a total area of 4,390 sqm (47,254 sq. ft).  

The two buildings in the centre of Harburg have a total of 6,745 square metres of rental space and meet high sustainability standards with a BREEAM rating of “Very Good” and “Good”. With direct connection to the Harburg Rathaus S-Bahn station, the property offers excellent transport links to the City Centre. There is a large selection of shopping and nightlife options in the immediate vicinity. Both the tenant and CLS are planning further investments in the modernisation of the office space.

Rolf Mensing, Head of Germany at CLS Holdings plc, commented:

“We are delighted to have signed this contract with the City of Hamburg. It is already the second letting success this week and further proof of the strength of our portfolio and our dedicated asset management team.

The signing also marks the end of a very successful year for CLS Germany in the letting market and shows that we can successfully build long-term partnerships and value even in a challenging market environment. Knowing the needs of our tenants and offering them the right space solutions to realise their goals is crucial to this.”