REG - CLS Holdings PLC - CLS leases 2,165 sqm in Cologne

CLS HoldingsAnnouncement

Today 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250806:nRSF0839Ua&default-theme=true

RNS Number : 0839U  CLS Holdings PLC  06 August 2025

 

 

Release date:                6 August 2025

Embargoed until:           07:00 am

 

 

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

CLS leases 2,165 sqm in Cologne

 

 

CLS announces it has let 2,165 sqm (23,304 sq. ft.) at 'Office Connect' in
Cologne to one of the world's leading suppliers of agricultural crop
protection products.

The new tenant will occupy the second and third floors of the multi-let
property Office Connect in Cologne's Airport Business Park, in addition to 27
parking spaces. The lease is scheduled to commence on 1 October 2026 and has a
term of ten years with an index-linked rent. The agreed rent is 3.6% above the
current estimated rental value (ERV).

Office Connect, at Von-der-Wettern-Straße 27 was acquired by CLS in 2018 and
has since been successfully refurbished and repositioned. The multi-let
property is a 13,000 square metres office, offering high-quality, adaptable
space and an integrated restaurant. It has excellent public transport links as
it is located next to the S-Bahn station Frankfurter Strasse, which has direct
connections to Cologne city centre and Cologne/Bonn Airport. The Airport
Business Park is also characterised by an urban environment with a wide range
of services, local amenities, and green spaces.

 

 

Rolf Mensing, Head of Germany at CLS, commented:

 

"We are delighted to welcome another occupier to Office Connect in Cologne.
The lease exemplifies what is key to success in the German office market: an
active asset management approach; a close relationship with tenants; and the
ability to offer bespoke solutions to meet business requirements. CLS
Germany's strategy incorporates all these elements, and our targeted
investments in the building quality and energy efficiency of our properties
are proving effective"

 

-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 Germany
 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)

 

 

 

 

 

 

 

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCFZGGRZKNGKZM