The management team at COLLECTION Business Center is very pleased with how 2018 has gone so far – the two new openings at the Stuttgart City Königstraße and Düsseldorf City Kaiserswerther Straße locations are proving extremely popular with customers.
Demand is so strong that both business centres are currently almost fully booked – despite the fact that, historically, occupancy rates tend to be somewhat lower during the summer months. Alongside the Düsseldorf City Dreischeibenhaus site, the second COLLECTION Business Center in Düsseldorf has thus firmly established itself on the market – the space available on Kaiserswerther Straße was almost fully let within a few weeks of opening. The same applies to the approximately 1,300 square metres in Stuttgart. COLLECTION Business Center has even repurposed some spaces to meet the high level of customer demand: even day offices have been let as team and group offices in both Stuttgart and Düsseldorf.
As a result, COLLECTION Business Center already has six locations in operation just one and a half years after its market launch. Two further locations in Cologne and Hamburg have already been secured under contract – they are due to open in 2020. With its business philosophy, the company has clearly created an offering that meets its clients’ needs to a high degree: In addition to the prime locations in major business centres, tenants also appreciate the five-star fittings of the spaces, as well as the absolute discretion, state-of-the-art, efficient technology and professional support from the centre’s staff. The range of services is wide-ranging and, in addition to individual or group offices that are available on flexible terms, also includes Coworking spaces, virtual offices, conference and meeting rooms, as well as inviting lounges and coffee bars.
The company’s management is therefore continuing to focus on expansion: further business centres are set to open at each of the existing locations – Düsseldorf, Hamburg, Stuttgart, Frankfurt and Vienna – over the coming years. To further accelerate growth, the company is also actively seeking properties in Berlin, Munich, Zurich and Luxembourg, as demand in these cities is exceptionally high.
Dr André Helf, CEO, summarises the market situation: “We simply cannot expand fast enough to meet the demand for new locations. Our customers naturally appreciate the fact that they can rent commercial space without long-term contractual commitments and adapt it to their operational needs and financial circumstances as required. The broad range of our tenants across a wide variety of sectors demonstrates that the high demand is coming from almost all areas of the business community.”
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