Düsseldorf: Commerzbank back office moving into the “Seestern”


The “Rheinische Post” reports that Alstria Office is letting 15,000 sqm of office space in its “Seestern 1” in Düsseldorf to Commerzbank. Alstria has confirmed the news to TD. Commerzbank is moving its back office to the Seestern building from its current location at Königsallee 37, which is reported to have become outdated. The new ten-year lease starts in the 3rd quarter. The building will be ready for occupancy by late 2020. Commerzbank is also looking for a new location for a flagship branch in Düsseldorf’s downtown area. The Seestern 1 building has 35,800 sqm and will generate a total annual rent of €5.6mn. BNP Paribas Real Estate brokered the transaction.

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