REG - CLS Holdings PLC - CLS leases 14,700 sqm at Gotic Haus, Dortmund

CLS HoldingsAnnouncement

Thu 07:00

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RNS Number : 5496D  CLS Holdings PLC  16 October 2025

CLS Holdings plc ("CLS", the "Company" or the "Group")

CLS leases 14,700 sqm at Gotic Haus, Dortmund

 

 

CLS is pleased to announce an 8-year, index-linked lease for 14,700 sqm
(158,230 sq. ft) and 290 parking spaces signed at Gotic Haus, Westfalendamm
96-100, Dortmund, with a government department.

 

The lease is scheduled to commence 1 September 2026 following completion of a
refurbishment and fit-out programme by CLS. The former anchor tenant left in
June this year and the building is now over 80% let with on-going discussions
for the remaining c.20%. The rent is index-linked to German CPI and the total
rental income for the building will increase to over €4.0 million p.a.

 

The changing lease profile and planned improvements in the building is
expected to drive an increase in value between now and practical completion.

 

Gotic Haus is a c. 22,300 sqm architecturally striking multi-let office
complex acquired by CLS in 2017. The property holds a BREEAM In-Use
certification rating of "Very Good" and offers flexible office space, bright
atriums, roof terraces and an underground car park with over 400 spaces. The
building fronts Westfalendamm, a main thoroughfare in Dortmund, with excellent
public transport connectivity.

 

Rolf Mensing, Head of Germany at CLS, commented:

"We are delighted to welcome the new tenant to Gotic Haus in Dortmund. The
letting reflects what drives success in the German office market: active asset
management, close partnerships with occupiers, and the ability to configure
space to tenant's precise operational needs. Our investment in building
quality and energy efficiency, reflected in Gotic Haus's BREEAM In-Use 'Very
Good' rating, supports durable, index-linked income and underlines the appeal
of well-located, sustainable offices in Germany."

 

 

-ENDS-

 

For further information, please contact:

 

CLS Holdings plc

(LEI: 213800A357TKB2TD9U78)

www.clsholdings.com (http://www.clsholdings.com/)

Fredrik Widlund, Chief Executive Officer

Andrew Kirkman, Chief Financial Officer

+44 (0)20 7582 7766

 

CLS Holdings
plc
 

Rolf Mensing, Head of
Germany

+49 (0)40 29 81 39 0

 

Panmure Liberum

Jamie Richards

David Watkins

+44 (0)20 3100 2000

 

Berenberg

Carl Gough

Harry Nicholas

+44 (0)20 3207 7800

 

Edelman Smithfield (Financial PR)

Alex Simmons +44 7970 174 353

Hastings Tarrant +44 7813 407 665

cls@edelmansmithfield.com (mailto:cls@edelmansmithfield.com)

 

 

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