New tenant for Wiesbaden's highest office tower: US company moves in!

New tenant for Wiesbaden's highest office tower: US company moves in!

Die Branicks Group AG, a leading German listed real estate company, has won a new tenant for the Zircon Tower in Wiesbaden. The rental agreement with the listed US company was signed at the end of December 2024 and includes an area of ​​3,083 square meters. The contract has a term of three years. This was recently announced in a message from the Branicks Group, which describes the development as an important step in its corporate strategy.

The Zircon Tower, which is located at the Gustav-Stresemann-Ring 12-16 address, is the highest building in Wiesbaden to the market church with a height of 70 meters. The 18-story building offers a total usable area of ​​26,000 square meters and comprises around 350 parking spaces. Due to the central location near the Wiesbaden main station, the location is well connected to Frankfurt and Frankfurt Airport.

about the Branicks Group AG

The Branicks Group AG is a company with over 25 years of experience in the real estate market and manages objects with a market value of 12.1 billion euros (as of September 30, 2024). The stocks of Branicks Group AG are listed in the Prime Standard of the German Börse (ISIN: DE000A1X3XX4). The company focuses on office and logistics properties as well as renewable assets.

Sustainability plays a central role in Branicks' corporate philosophy. The company has received several ESG certificates and is committed to environmentally friendly and sustainable solutions in the real estate sector. These aspects are not only social, but also economically important, since according to reports they are increasingly appreciated.

The value of sustainable real estate

According to a study by CBRE, it can be seen that the sustainability of commercial real estate has positive effects on environmental protection and economic results. Real estate with certified sustainable characteristics achieve an average of 6–8% higher rents and are rated 14–16% higher than conventional objects. In addition, energy -efficient buildings are able to secure competitive advantages, such as better vacancy rates and increased rental income.

Interest in sustainable real estate is also growing among investors. Around 32% of European investors are willing to pay a price surcharge for ESG-friendly properties, with more than half be willing to pay up to 20% more. Sustainable building practices not only result in ecological benefits, but are also a decisive economic factor in view of the increasing importance of ESG criteria for corporate decisions.

Due to the strategic decisions of Branicks, it becomes clear that the combination of sustainable development and economic success in the real estate sector is becoming increasingly important. The development in the Zircon Tower is a prime example of how companies not only strengthen their market position through environmentally conscious decisions, but can also meet the needs of changing society.