QUEST secures first tenant at Lenzhaus

QUEST secures first tenant at Lenzhaus 150 150 QUEST Investment Partners

QUEST secures first tenant at Lenzhaus

Hamburg, 08 May 2018. Following the recently completed acqui­sition of the Lenzhaus in Berlin, the project devel­opers at QUEST Investment Partners have signed the first long-term contract with TAG Immobilien AG for approx. 2,000 m² of rental space.

“In concluding the first rental agreement for the fourth quarter of 2018, we are pleased to demon­strate the high quality of the property and its location, which substan­tiates the sustain­ability of our investment in Berlin,” empha­sizes Arne Siemens, General Manager of QUEST’s Berlin office. BNP Paribas Real Estate acted as broker in the letting process.
Located between Zoolo­gischer Garten, Kurfürs­tendamm and Potsdamer Platz, the property currently offers a further 3,200 m² of high-end office space for rent.

The floor plans behind the listed façade offer ample flexi­bility in terms of usage as well as high room quality. In addition, the inner courtyard is to be reacti­vated and the roof terrace is to provide inviting spaces for relax­ation and events.

Located in the direct vicinity of Kurfürs­tendamm 1, the Lenzhaus was built in 1928/1929 by Heinrich Straumer, the architect of Berlin’s 145 metre radio tower. It was one of the first high-rise office buildings in Berlin for the construction group Lenz & Co. With its eight storeys, the Lenzhaus was three storeys higher than permis­sible at the time but could never­theless be constructed thanks to an excep­tional permit. In designing the Lenzhaus, Straumer focused on simple elegance and combined the Art Deco style of American high-rise buildings of the 1920s with Gothic elements such as the lesenes on the façade. A lesene is a narrow and slightly protruding vertical reinforcement of the wall. The pilaster strip is used to decorate smooth walls, but also to reinforce the supporting structure.

About QUEST Investment Partners

QUEST Investment Partners is a real estate project devel­opment and investment company with offices in Hamburg and Berlin. QUEST focuses on invest­ments in commercial and residential properties with upside potential in top locations in Hamburg and Berlin. In retail devel­op­ments the focus is on good inner-city locations in German metro­politan regions. The QUEST team has extensive experience in the devel­opment of high-quality real estate projects and contin­u­ously aims at increasing the real estate values of its share­holders and investors. QUEST’s share­holders are the managing directors Theja Geyer and Jan Rouven Künzel as well as the investment holding company of the Hamburg entre­preneur Erck Rickmers who is invested in real estate, equity invest­ments and shipping. www.quest-investment.com

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