Alstria office REIT : announces new lease with RIB Software GmbH at Stuttgart’s transforming Sternhöhe Campus

Hamburg, May 22, 2024 - alstria office REIT is pleased to announce a new lease agreement with RIB Software GmbH, a leading provider of technology solutions for the construction industry and a subsidiary of Schneider Electric. RIB Software GmbH will occupy approximately 3,200 square meters in Building 2 of the evolving Sternhöhe Campus, pushing the building's occupancy to around 80%. Campus Transformation: Originally designed as a corporate headquarters, Sternhöhe is undergoing a transformation under alstria's management to cater to the modern needs of dynamic technology companies such as RIB Software GmbH. The campus redesign emphasizes a modern work environment, supporting innovative and flexible work styles. Features include modern open-space workstations, meeting rooms, and a central atrium that acts as a vibrant marketplace for interaction among employees and tenants. Sustainability and Connectivity Commitment: The redevelopment follows principles of low-carbon design, using the existing structural elements while modernising interiors, fire safety, and building technologies to meet contemporary standards. The campus is on track to achieve a DGNB Gold certification for its sustainability efforts. Additionally, it features state-of-the-art digital infrastructure with a WiredScore Platinum certification and will soon offer exclusive electric vehicle charging stations. alstria is committed to converting the entire Sternhöhe campus to run exclusively on renewable energy by 2030, emphasising its commitment to environmental stewardship. This last commitment was a key decision factor for RIB when choosing their new office location. Amenities and Work-Life Balance: Sternhöhe continues to offer a range of amenities that promote a healthy work-life balance. These include a contemporary restaurant with both indoor and outdoor seating, an on-site kindergarten to support working parents, various bookable spaces for conferences and project work, extensive landscaped areas for relaxation and informal gatherings, and on-site sports facilities. The lease was brokered by Cushman & Wakefield.