ASB Bildung gGmbH (ASB) has completed a long-term lease for approximately 2,300 square metres of office space in the ABC West office building at Solmsstraße 71–75 in Frankfurt. With this new occupancy, the property in Frankfurt’s City West gains another tenant of national importance. The six-storey office building boasts a total lettable area of approximately 13,500 square metres.
ABC West is characterised by its flexible space design, made possible by varying office depths. The property features three separate entrances, each accessed by two lifts. An underground car park with 275 parking spaces, a connection to the district heating network, and good access to public transport and cycle paths enhance the attractiveness of the location. Furthermore, various catering options, shopping facilities, and service providers for daily needs are situated in the immediate vicinity.
Established Tenant Base and Asset Management
In addition to the new ASB Bildung gGmbH, the tenant base at ABC West includes other renowned companies. These comprise 1&1 Versatel Deutschland GmbH, Falk GmbH & CoKG, Deutsche Bahn AG, esp group GmbH, and consignum Rechtsanwälte. American Express Global Business Travel (GBT) and Schweitzer Fachinformationen oHG are also located in the property and extended their leases the previous year. This reflects confidence in the building’s quality and the attractiveness of its location.
KanAm Grund Group, which is responsible for the asset management of the property as part of one of its regional funds, has implemented comprehensive measures to enhance sustainability and attractiveness in recent months. A key point is the connection to the district heating network, which ensures a more efficient and environmentally friendly energy supply. This measure is intended to positively impact energy consumption and heating costs for tenants. Additionally, the modernisation of all lifts and stairwells is planned for completion by the end of the year.
Through this long-term lease agreement, KanAm Grund Group underscores its expertise in sustainable asset management and its strategic focus on stable, long-term lease relationships with socially relevant institutions. The brokerage and support for the lease agreement process were provided by blackolive advisors GmbH.
KanAm Grund Group Portfolio for Institutional Investors
ABC West in Frankfurt is part of a real estate special fund managed by KanAm Grund Group, which focuses on the southern federal states. The company currently manages eight other special funds with different priorities and strategies. Furthermore, KanAm Grund Group is entrusted with the asset management of numerous individual mandates. The funds offered are tailored to various institutional investors such as credit institutions, insurance companies, and pension schemes, covering different risk classes and types of use. Four open special AIFs have been established exclusively for savings banks and cooperative banks for their Depot-A investments.
As part of its growth strategy, KanAm Grund Group has continuously expanded its offering with return-oriented and sustainable investment concepts. A joint venture with Barceló Hotel Group provides investors with access to hotel properties in Western Europe, focusing on Core+/Value-Add strategies and long-term value appreciation. In parallel, KanAm Grund Group intends to expand its involvement in social and security infrastructure in Germany, aiming to secure stable cash flows and attractive return profiles through long-term lease agreements with public bodies. The “European Commercial Opportunities” segment also unlocks Value-Add potential in prime European locations and offers institutional investors diversification opportunities. With offices in Europe and the USA, KanAm Grund Group has established a platform for real estate investments and services across various risk classes.
