PRESS
RELEASE
Release
date:
4 September 2024
Embargoed until:
07:00
am
CLS Holdings plc ("CLS" or the
"Group")
CLS leases over 8,900 sqm in Hamburg,
Germany
CLS
announces it has let 8,939 sqm (96,219 sq. ft) at Fangdieckstrasse
75 in Hamburg to the Hamburg Institut für Pathologie und
Hämatopathologie (HPH).
The HPH
Institute, which specialises in the diagnosis of haematological
diseases, has extended its existing lease of 5,628 sqm (60,579 sq.
ft) of office and laboratory space until 2035 and has leased an
additional 3,311 sqm (35,639 sq. ft) of office and production space
in the property. The HPH Institute will move into the additional
space from September 2024, following the current occupier's lease
surrender, meaning the property will remain fully let.
Fangdieckstrasse 75 was acquired by CLS in
2007 and has since been fully refurbished and successfully
repositioned as a science and healthcare hub. The multi-tenant
property has 13,092 sqm (140,921 Sq. ft) and offers a mix of
office, light industrial, and laboratory space.
Located
close to the 'Science City Hamburg Bahrenfeld' area of Hamburg,
occupied by science and technology start-ups, the property is well
connected to major transport links.
Fredrik
Widlund, Chief Executive Officer of CLS, commented:
"We are
thrilled that HPH has not only extended their existing lease for
over 10 years but has also chosen to lease additional space in
Fangdieckstrasse 75. Hamburg-Bahrenfeld is an up-and-coming
commercial area and CLS has successfully repositioned the property
as an attractive location for science and technology organisations,
and demand from occupiers in this sector remains high."
-ENDS-
For further
information, please contact:
CLS Holdings plc
(LEI:
213800A357TKB2TD9U78)
www.clsholdings.com
Fredrik Widlund,
Chief Executive Officer
Andrew Kirkman,
Chief Financial Officer
+44 (0)20 7582
7766
Media Contact:
Edelman Smithfield
(Financial PR)
Alex
Simmons
+44 7970 174
353
Hastings
Tarrant
+44 7813 407
665
cls@edelmansmithfield.com
Broker Contacts:
Panmure Liberum
Jamie
Richards
David
Watkins
+44 (0)20 3100
2000
Berenberg
Matthew
Armitt
Richard
Bootle
+44 (0) 203 207 7800
Registered in England No. 2714781.
Registered Office as above