Press Release

Deka Immobilien leases 3,600 sqm of office space in Luxembourg

Frankfurt – 11.12.2020

Deka Immobilien has signed a new lease in Luxembourg for approximately 3,600 sqm of office space. Worldline, the European market leader in financial technology, has secured the space in Bertrange for its Luxembourg headquarters on a long-term basis.

Atrium Business Park consists of four buildings and has around 53,000 sqm of modern office space. With this lease agreement, Deka Immobilien has been able to newly let a total of around 8,000 sqm of space in the property in 2020.

The office park is located in the Bertrange submarket to the west of Luxembourg City near the Belgian border with easy access to the A6 motorway. The property was acquired in 2016 for the open-ended real estate fund Deka-ImmobilienEuropa and the open-ended real estate institutional fund WestInvest ImmoValue. The property has received British BREEAM In-Use "Excellent" certification for sustainable construction.

About Deka

DekaBank is the Wertpapierhaus (securities services provider) of the German Savings Banks Finance Group. Together with its subsidiaries it forms Deka Group, which has total customer assets of around EUR 310 billion (as at 30/06/2020) and around 4.9 million securities accounts, making it one of the largest securities services providers and real estate asset managers in Germany. It provides retail and institutional clients access to a wide range of investment products and services. DekaBank is firmly anchored in the Sparkassen-Finanzgruppe and designs its portfolio of products and services to meet the requirements of its shareholders and sales partners in the securities business.
The Deka Group’s global real estate expertise is pooled in its Real Estate Division. The management companies, Deka Immobilien Investment GmbH and WestInvest Gesellschaft für Investmentfonds mbH provide management and support for around EUR 40 billion in real estate assets (as at 31/12/2019).

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