IC Immobilien Group lets 950 square meters in Halle (Saale)

Halle (Saale), 20 July 2015. The IC Immobilien Group has agreed the long-term lease of 950 square meters in an office and commercial building the company manages at Herrenstraße 20 in Halle (Saale). The space will be modernized and fitted with the latest equipment for its new tenant, the Saxony-Anhalt branch of the German Red Cross, together with the state Workers' Samaritan Federation, to meet their requirements as a regional paramedic training school. The property, built in 1998, has around 4,319 square meters of lettable space and is belongs to the portfolio of one of the closed-end real estate funds managed by IC Immobilien Group. The lease agreement specifies a term of ten years with an option to extend. The lease begins on 1 August, 2015. The property's owner was supported during negotiations by lettings' agents from ImmoHAL in Halle (Saale). The lease agreement specifies the extensive refurbishment and modernization of the newly let space, measures that will be managed by IC Immobilien Group's technical team in close coordination with the paramedic school's operators.