TLG IMMOBILIEN AG and a public institution have signed a rental agreement for around 7,800 sqm of office space and 64 parking spaces in the office property Spreétage at Kaiserin-Augusta-Allee 104-106, 10553 Berlin. The new tenant will take over the lettable area as soon as the previous main tenant moves out and carry out any necessary renovations itself. The tenancy starts in the second quarter of 2019, the rental agreement has a term of 10 years. This new agreement and other factors are having an extremely positive effect on the key figures for the property: the annualised in-place rent has increased by over 50% to a level consistent with the location and market.