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N A S Real with strong letting performance year to dateBerlin, )
Vacancies reduced by c. nine percent at the overall portfolio level
Almost full occupancy of c. 95 percent
N A S Real continues to benefit from a very strong momentum in letting management. Over the past eight months, N A S Real, the asset management subsidiary of N A S Invest, succeeded in reducing vacancy of its portfolio by c. nine percent to about five percent.
During this period, the asset manager concluded new leases for spaces totalling 2,721 square metres and negotiated prolongations for another 2,858 square metres. This brought the occupancy rate of the N A S Real portfolio to about 95 percent over the first eight months of the year.
“Active management enabled us to conclude various new long-term leases and prolong contracts with existing tenants. Our industry expertise, our network and the strong commitment of our employees have been crucial for achieving almost full occupancy for our portfolio to date,” say Marco Lüder and Julian Reinecke, managing partners at N A S Real.
The biggest new leases for a total 872 square metres were signed in Walluf near Wiesbaden. In Langenfeld near Düsseldorf, N A S Real secured occupancy for 810 square metres and 757 square metres respectively through two new lettings and a lease prolongation. In Halbergmoos near Munich, new leases for c. 435 square metres and two prolongations for a total 906 square metres contributed to the positive development of the portfolio. In addition, the portfolio manager succeeded in letting c. 326 square metres in Dortmund.
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