Upgrading the entire neighbourhood around Access Tower

For us, Investment Advisory means deriving the best sales strategy by considering the situation from all angles. In the case of Access Tower, although the building itself was excellent, it was located in a neighbourhood that was wholly undervalued. This was a challenge requiring a holistic approach.

Built in 1970 and completely refurbished by TishmanSpeyer in 2002, the office tower offers 20,607 sqm of lettable space on 21 above-ground floors. At 69 metres, the landmark building is one of the tallest buildings in the Lyoner Quartier submarket in Niederrad and offers an impressive combination of an attractive architectural design and high building quality, backed by LEED Gold certification. Its timeless elegance is an important feature in the submarket and embodies architectural individuality with excellent building flexibility. Due to its prominent location in the submarket, Access Tower enjoys excellent visibility from the A5 motorway.

Access Tower had a negative reputation due to its original age and location in the submarket. Moreover, the building had a high vacancy rate in the lower floors during the marketing phase. At this time, the Niederrad submarket was still viewed critically by many investors due to the historically high vacancy rates, and the Core-Plus risk profile was rarely sought in submarkets outside the central locations.

The environment shapes not only people, but buildings. The Lyoner Quartier, where Access Tower stands, has been tainted with a negative reputation. In our sales preparation, it was therefore necessary to bring new objectivity to this long-held view. This was achieved by putting forward

Never before has such a sales multiplier been achieved for a Core-Plus product as was achieved for Access Tower in this submarket. We demonstrated that we can shape markets tangibly with our multidisciplinary services.