Albertussee – visonary urban development
The ‘Am Albertussee’ property has undergone an impressive transformation and is a shining example of our competencies: from the site’s revitalisation through the creation of smart office spaces and the arrival of METRO PROPERTIES (2013) to the ‘Living at Albertussee’ concept (2015) and the sale to the new owner, PANDION AG (2018). The entire project is very much in the spirit of DRIVING REAL ESTATE VALUE.
This office property in Heerdt, a Düsseldorf district on the left bank of the Rhine, has been part of the METRO PROPERTIES portfolio since the 1990s. For a long time it proved difficult to find long-term tenants – until MEC moved in in 2011, sending a positive signal and providing new impetus. Looking back, this was the starting point of today’s success story.
‘Am Albertussee’ sees gradual appreciation in value
In 2013, following the creation of new smart office spaces and modern infrastructure, 350 METRO PROPERTIES employees moved in, giving the site a new relevance.
More work was done over the following years to increase the attractiveness of the ‘Am Albertussee’ campus. By 2018, 100% of the rental space was occupied – evidence of the successful switch from a classic, conservative office building to a vibrant digital campus.