aam2core Holding AG, a company focused on real estate investments and asset management, has reached an agreement with the MOOG partnership firm (Kanzlei MOOG Partnerschaftsgesellschaft) for a long-term lease extension at Holzhofallee 15A in Darmstadt. The agreement includes an option for a further extension of the contract. This transaction leads to a significant expansion of the space used by the law firm in the inner-city office property.
Previously, the MOOG law firm, which offers services in tax consultancy, legal advice, auditing, and notary services, occupied approximately 3,050 square metres of office space spread across five floors, as well as 57 underground parking spaces. From February 2029, this portfolio will be expanded to include an additional 350 square metres of office space and six further underground parking spaces. These areas are currently still occupied by a consulting firm. With this expansion, the MOOG law firm will become the sole tenant of the property, which will then comprise a total of 3,400 square metres of rental space.
Strategic realignment and advantages
Stefan de Greiff, CEO of aam2core Holding AG, emphasised the strategic importance of this development. The long-term contract extension and the simultaneous space expansion by the MOOG law firm achieve a clear focus on one main user. According to de Greiff, the transition from a multi-tenant to a single-tenant structure significantly simplifies management and increases planning certainty for the property.
Full occupancy by a creditworthy user such as the MOOG law firm ensures stable and long-term cash flows for the property. This contributes significantly to strengthening the sustainable earnings quality of the real estate. The transaction underscores the attractiveness of the location and the property for qualified tenants.
Property and location
The building in question was completed in 2009 and features five upper floors and two basement levels, where the underground car park with a total of 68 parking spaces is located. The property is situated in the Verlegerviertel (publishers' quarter), which lies southwest of Darmstadt city centre. Connections to public transport are favourable; Luisenplatz is reachable within approximately 15 minutes, while the main train station is just under ten minutes away.
