FortyFour, Rolandstrasse 44, Düsseldorf - WGF AG

Letting projections Business Case
The Kennedydamm office district is one of the most
attractive office locations in Düsseldorf. Companies will
find its proximity to the airport, exhibition centre and city
centre attractive. Top rents for office in Düsseldorf are set
between €20 and €22 per sqm. Companies such as L'Oréal,
IKB Deutsche Industriebank and Deloitte & Touche occupy
office space in this destrict. Rolandstrasse is easy to reach
by public tranport. The office floors are air-conditioned and
are especially attractive due to a generous ceiling height of
3.25 m. The rent for the property will be €14.50 to €16.50 per
sqm and month.
Facts
14,500 sqm gross floor area
142 parking spaces underground, 48 outdoor
rent 14.50 to 16.50 €/sqm
completion: 2013
Contact for letting
WGF AG
fortyfour@wgfag.de
Phone: +49 (0) 211-68 777-145
www.fourtyfour-duesseldorf.de
WGF Westfälische Grundbesitz und Finanzverwaltung AG I Vogelsanger Weg 111 I 40470 Düsseldorf
Phone: +49 (0)211 68 777-0 Fax: +49 (0)211 68 777-100 I Internet: www.wgfag.de I E-Mail: info@wgfag.de
The deciding factors for a profitable project development
are: quality of property site and location, sustainable
utilization concept, purchase at an attractive price
as well as quality of tenants and rental agreements.
WGF AG purchased the existing building significantly
below the current market value and will realise all
planning and construction work with its subsidiary
Ilse Bau und Planung GmbH. Letting projections are very
positive due to the high demand for sustainable office
space and the highly competitive rental rate for the
Kennedydamm office district. The high standard of the
building will meet the future requirements of the most
discerning occupiers and also of the potential purchaser
of the property.
In Düsseldorf office and commercial buildings with a
value of 594 Mio. Euro were sold in 2010. The average
replicator for new construction properties was roughly
17 times the annual net rent. The percentage of Green
Buildings increased to almost 15 % in Germany. Therefore
the project development Fortyfour meets the high demands
of the end investors.
The prospects for the final sale are correspondingly good.
as per: 07.2012
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