International commercial law firm Hogan Lovells International LLP is to extend its lease at the “Sky Office”, an almost 90-metre-high office tower, in Kennedydamm in Düsseldorf-Golzheim. The company has occupied a total of 8,800 sq m on the upper floors since the building opened in 2009, making the law firm one of the principal tenants of the 30,000 sq m landmark property. The owner, Allianz Real Estate Germany, was exclusively advised throughout the process by global real estate services provider Savills.

This included an in-depth investigation of the competitive situation as well as simulating potential re-letting scenarios, including a detailed cost analysis. The tenant was advised by Jones Lang LaSalle. “In addition to impressive panoramic views across the Rhine and the surrounding district, the 23-storey Sky Office provides state-of-the-art office space fitted out to an excellent standard in the renowned Kennedydamm submarket with its outstanding transport links,” says Jan-Niklas Schroers, Associate Director / Team Leader of Office Agency Düsseldorf for Savills.

“The building's concierge service, optimally equipped conference rooms, restaurant and café bar are crucial to tenants’ high-quality user experience.” Savills supported Allianz Real Estate Germany with advisory services and in negotiations with the international law firm, preparing extensive location and competition analyses as well as a broad range of proposals.