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SICORE Real Assets and Loesche GmbH agree long-term lease extension in Düsseldorf

SICORE Real Assets has agreed an early five-year extension of the lease agreement with Loesche GmbH for approximately 4,000 m² of office space in Düsseldorf until 2032.

AI generatedSICORE Real Assets and Loesche GmbH agree long-term lease extension in Düsseldorf – AI-generated illustrative image
SICORE Real Assets and Loesche GmbH agree long-term lease extension in Düsseldorf. Illustrative image generated using artificial intelligence (AI). The image does not depict a real property, person or event and is not a documentary photograph. Labelled in accordance with Article 50(4) of the EU AI Act.

SICORE Real Assets announces the early extension of a lease agreement with Loesche GmbH, an internationally active company in mechanical and plant engineering. The agreement concerns office space of almost 4,000 square metres in a property at Hansaallee 243 in Düsseldorf. The extension secures the tenancy for a further five years until 2032.

Loesche GmbH occupies the entire area in the property as the sole tenant. The building, constructed in 1992 in north-western Düsseldorf, has a total of 84 car parking spaces, which is relevant for office locations of this size. The strategic location on a multi-lane arterial road ensures continuous access to the supra-regional transport network. The immediate vicinity is characterised by efficient infrastructure.

Location advantages and infrastructure

The property in D-Lörick offers effective connections to public transport. The D-Lörick underground station and several bus stops are within one to three minutes' walking distance. The distance to Düsseldorf Central Station is approximately 20 minutes by car. This combination of individual and public transport connectivity underscores the attractiveness of the location for resident companies and their employees.

Martina Averbeck, Spokesperson for the Management Board of SICORE Real Assets, highlighted that office properties outside city centres can remain functional, provided that the user concept, space offering, connectivity, and tenant-oriented management are in harmony. She stated that this is a central aspect of their work. She expressed her pleasure at the sustainable continuation of the successful rental relationship. Savills provided advisory support for the negotiations regarding the contract extension.

The long-term securing of almost 4,000 square metres of office premises by Loesche GmbH in SICORE Real Assets' property demonstrates the value and functionality of the Düsseldorf location. The extension until 2032 not only underlines the tenant's trust in the property but also the quality of the cooperation between the contracting parties.

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