Project partners UBM Development and Paulus Immobilien have handed over the rental space in Frankfurt’s first timber-hybrid building, Timber Pioneer, to Universal Investment. This means that the tenants can begin preparations to move in by the end of the year. As the anchor tenant, the capital management company occupies almost 10,000 square metres in the building. Other tenants include the local supermarket NETTO and the fitness studio chain FITSEVENELEVEN, leaving only around 4,600 square metres of office space available in Timber Pioneer out of a total of around 15,500 square metres, which is currently being discussed with interested parties.
“By handing over the rental space in Timber Pioneer to Universal Investment, we are closing another chapter in the Timber Pioneer success story,” says David S. Christmann, CEO of UBM Development Deutschland GmbH. “The project shows that determination and consistency in the implementation of a well thought-out and sustainable concept are rewarded. Under the motto green. smart. and more. UBM is fit for the future and looks positively to the future with a bulging project pipeline. We wish our tenant Universal Investment a good start in its future headquarters. We are sure that this decision to be part of a promising property development will be greatly appreciated.”
Christian Paulus, Managing Director of Paulus Immobilien GmbH, adds: “Timber Pioneer is the perfect synthesis of what the market is looking for: sustainable construction, innovative space design and high visibility in a location with excellent transport links. The tenants in Timber Pioneer benefit from the high quality of stay as well as the local amenities and fitness facilities.”
Timber Pioneer, Frankfurt’s first office building in timber-hybrid construction, is a green building that offers its users pioneering smart office space ranging from individual offices to open-plan concepts. A total of around 1,800 cubic metres of FSC-certified spruce wood was used, in which around 1,800 tonnes of CO2 are bound. This meant that the shell of the building was constructed in an almost CO2-neutral way. The use of industrially prefabricated composite components also significantly accelerated the construction work and reduced delivery traffic by a factor of 7. In addition, the intensive greening of the inner courtyard and roof terrace contributes significantly to improving the urban microclimate and the e-mobility concept with sharing offers and e-charging stations also helps to reduce CO2 emissions in the overall view of building use.
Timber Pioneer has been pre-certified with DGNB Gold.
