06 aug 25   cls holdings plc - cls leases 2,165 sqm in cologne cls holdings plc | cli | 64.8 0 0.0% | mkt cap: 258.0m    rns number : 0839u cls holdings plc 06 august 2025       release date:                6 august 2025 embargoed until:           07:00 am     cls holdings plc ("cls", the "company" or the "group") cls leases 2,165 sqm in cologne     cls announces it has let 2,165 sqm (23,304 sq. ft.) at 'office connect' in cologne to one of the world's leading suppliers of agricultural crop protection products. the new tenant will occupy the second and third floors of the multi-let property office connect in cologne's airport business park, in addition to 27 parking spaces. the lease is scheduled to commence on 1 october 2026 and has a term of ten years with an index-linked rent. the agreed rent is 3.6% above the current estimated rental value (erv). office connect, at von-der-wettern-straße 27 was acquired by cls in 2018 and has since been successfully refurbished and repositioned. the multi-let property is a 13,000 square metres office, offering high-quality, adaptable space and an integrated restaurant. it has excellent public transport links as it is located next to the s-bahn station frankfurter strasse, which has direct connections to cologne city centre and cologne/bonn airport. the airport business park is also characterised by an urban environment with a wide range of services, local amenities, and green spaces.     rolf mensing, head of germany at cls, commented:   "we are delighted to welcome another occupier to office connect in cologne. the lease exemplifies what is key to success in the german office market: an active asset management approach; a close relationship with tenants; and the ability to offer bespoke solutions to meet business requirements. cls germany's strategy incorporates all these elements, and our targeted investments in the building quality and energy efficiency of our properties are proving effective"   -ends-   for further information, please contact:   cls holdings plc (lei: 213800a357tkb2td9u78) www.clsholdings.com fredrik widlund, chief executive officer andrew kirkman, chief financial officer +44 (0)20 7582 7766  cls germany rolf mensing, head of germany +49 (0)40 29 81 39 0  panmure liberum jamie richards david watkins +44 (0)20 3100 2000  berenberg carl gough harry nicholas +44 (0)20 3207 7800  edelman smithfield (financial pr) alex simmons +44 7970 174 353 hastings tarrant +44 7813 407 665 cls@edelmansmithfield.com                         this information is provided by rns, the news service of the london stock exchange. rns is approved by the financial conduct authority to act as a primary information provider in the united kingdom. terms and conditions relating to the use and distribution of this information may apply. for further information, please contact rns@lseg.com or visit www.rns.com.  rns may use your ip address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. for further information about how rns and the london stock exchange use the personal data you provide us, please see our privacy policy.   end   mscfzggrzkngkzm return to news summary

Label: Neutral