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CORESTATE acquires top office campus 'VISION ONE' in Stuttgart metropolitan region for closed-end special AIF - Seite 2

Sebastian Hartrott, Managing Director, Hannover Leasing: "The close proximity to the airport and to Stuttgart's exhibition grounds makes the property a particularly compelling proposition. VISION ONE is located in a high-profile neighbourhood between the German headquarters of the audit firm EY, Daimler's new trucks and IT buildings and the future headquarters of Allianz. The high-quality office complex is given an additional boost by the infrastructure project Stuttgart 21 with the planned new "Filderbahnhof" ICE station at the airport, a direct connection to the A8 and B27 motorways, the expansion of the U6 underground line and the various public transport connections to the city centre."

Horst Bülow, CEO of Bülow Aktiengesellschaft: "We are pleased that we have been able to convince our tenants and the buyer of our VISION ONE campus with flexible, innovative and sustainable office concepts for future-oriented working environments."

The Stuttgart region, which includes the suburb of Leinfelden-Echterdingen to the south of the city border, is known throughout Europe as an economic powerhouse, especially in the field of exports, and has a total population of around 4.1 million. This economic strength is also reflected in the local labour market. For many years, the region has recorded one of the lowest unemployment figures in the whole of Germany.

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About CORESTATE Capital Holding S.A. (CORESTATE)
CORESTATE is an investment manager and co-investor with around € 27 billion in assets under management. The company sees itself as a manager for the entire length of the real estate value chain. Thanks to its fully integrated real estate platform, it is able to offer investors a wide range of services, especially the opportunity to invest in large-scale societal trends such as urbanisation, demographic shifts or sustainability - trends that will continue to have a decisive influence on the living and working environment in the long term. The consistent focus on asset classes that will be successful in the long run constitutes a central cornerstone of the company strategy. At CORESTATE, all concepts are supported with ESG expertise that is unique to the industry. With some 800 experts, CORESTATE offers clients and investors a full range of services and consultation from a single source, from project financing and real estate management to sales. CORESTATE is listed on the Frankfurt Stock Exchange and operates as a respected business partner for institutional and semi-institutional investors as well as high-net-worth private investors in 13 countries across Europe, with offices in Frankfurt, Vienna, Zurich, Paris, Madrid and London. Please visit www.corestate-capital.com for further information.