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Equity Estate has successfully leased out the last vacancy in the office building located at the Kreuzberger Ring 7b-d in Wiesbaden, Germany. With this transaction, the occupancy of the building has increased to 100% coming from 90%. This implies that the total building, measuring 9,947 m² together with 207 parking spaces is now fully leased again. The last transation was realised with new tenant Jugendhilfezentrum Johannesstift GmbH on a 10-year lease agreement starting 1 October 2018.
Jugendhilfezentrum Johannesstift GmbH was already established in 1907 and employs over 100 people. They are active in the field of profesionnal training, social educational aid and operate a private school with a focus on emotional and social development.
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