Deka Immobilien GmbH has concluded a new lease agreement for nearly 8,300 m² of office space in Melbourne, Australia. The co-working provider JustCo, Singapore, secured its largest space in Australia under this agreement. The office and commercial building at 15 William Street, which offers around 42,000 m² of space, is now fully leased.
The high-rise building is in an excellent location in the western part of the central business district close to the Yarra River and Southbank. It is just one block from Collins Street, the main street in Melbourne. The property was acquired in 2009 for the open-ended real estate fund Deka-ImmobilienGlobal. It has received four-star NABERS certification. The NABERS rating system for energy efficiency and environmental performance was created in Australia in 1999 to standardise building ratings. Five stars is the best possible rating.
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 306 billion (as at 30/09/2019) and around 4.7 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 two investment companies, Deka Immobilien Investment GmbH and WestInvest Gesellschaft für Investmentfonds mbH, manage and service around EUR 40 billion in real estate assets (as at 31/12/2019).