CLS Holdings signs three new leases in Germany
CLS Holdings
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CLS Holdings said it had secured three new leases in the German cities of Berlin and Cologne.
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At the Berlin site CLS has signed two new corporate tenants, Hologic Deutschland GmbH, a US medical equipment manufacturer, on a seven-year lease and television producer Tower Productions for five years.
CLS purchased the property in Berlin-Mitte in early 2021 with around 30% occupancy. After repositioning it in the market, Flexion is approximately 80% let, the company said on Tuesday.
The third lease is for a five-year term with property manager Ecowo at Office Connect in Cologne. The multi-let property, located in the Cologne Airport Business Park over 11 floors is now 96% let.
Reporting by Frank Prenesti for Sharecast.com