on Branicks Group AG (isin : DE000A1X3XX4)
Branicks Group AG Secures Extended Lease at CABO in Düsseldorf
Branicks Group AG has successfully extended its lease agreement with an existing insurance industry tenant at the CABO office building in Düsseldorf. The lease now continues until 2034 and includes additional office space. CABO, with its distinctive design and prime location, continues to be a sought-after property within Düsseldorf's office market.
The CABO building, erected in 2003, is strategically situated between Karl-Arnold-Platz and Kaiserswerther Straße. Boasting a glass façade, a green atrium, and flexible office layouts, the building offers a prestigious working environment. The property features around 10,500 square meters of space and an underground car park with 188 spots. Additional spaces remain available for rent.
Branicks, a notable player in Germany's real estate sector, actively manages office and logistics assets, aiming for stable rents and portfolio value optimization.
R. H.
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