ANNEX No. 19 to the lease dated 29 January / 5 February 1999 and Annex 1 dated 21 May 1999 and Annex 2 dated 14 / 28 May 1999 and Annex 3 dated 1 October / 18 October 1999 and declaration of acceptance dated 23 November 1999 and Annex 4 dated 11...
Exhibit 4.28
Lease Agreement between InterXion Deutschland GmbH and Union Investment Real Estate GmbH dated August 2, 2013.
* * *Confidential material has been omitted and filed separately with the Commission
Union Investment
ANNEX No. 19
to the lease dated 29 January / 5 February 1999
and Annex 1 dated 21 May 1999
and Annex 2 dated 14 / 28 May 1999
and Annex 3 dated 1 October / 18 October 1999
and declaration of acceptance dated 23 November 1999
and Annex 4 dated 11 September 2000
and Annex 5 dated 11 January / 11 September 2000
and Annex 6 (undated)
and Annex 7 dated 27 October / 11 December 2000
and Annex 8 dated 20 / 24 March 2003
and Annex 9 dated 16 / 18 October 2006
and Annex 10 dated 29 March / 3 April 2007
and Annex 11 dated 21 December 2007
and Annex 12 dated 11 June / 16 June 2008
and Annex 13 dated 29 May / 16 June 2009
and Annex 14 dated 28 July 2009
and Annex 15 dated 2 December / 4 December 2009
and Annex 16 dated 19 May / 25 May 2011
and Annex 17 dated 2 September / 6 September 2011
and Annex 18 dated 16 February / 20 February 2012
between
Interxion Deutschland GmbH
Xxxxxxx Xxxxxxxxxxx 000, 00000 Xxxxxxxxx
Xxx no. 000 000000 19
represented by Mr Xxxxx Xxxxx, Managing Director with sole power of representation
- hereinafter referred to as the “lessee” -
and
Union Investment Real Estate GmbH, Valentinskamp 70 / EMPORIO, 20355 Hamburg
Tax no. 27/144/00080
represented by:
Xx Xxxxxxx Xxxxxxxxxx, Group Manager, Asset Management Deutschland, northern estate, and Xx Xxxxxxx Xxxx, Departmental Manager, Asset Management Deutschland
- hereinafter referred to as the “lessor” –
[as at 2 August 2013]
Contract number: 1187.V0000010
(Please quote in all correspondence and payments)
Property: Xxxxxxxxx, Xxxxxxx Xxxxxxxxxxx 000-000
Genossenschaftliche FinanzGruppe Volksbanken Raiffeisenbanken
Union Investment Real Estate GmbH • Xxxxxxxxxxxxx 00 / XXXXXXX, 00000 Xxxxxxx • Xxxxxxxx 00 00 00, 00000 Xxxxxxx
Tel. no.: x00-00-00000-0 • Fax no.: x00-00-00000-0000 • e-mail: xxxxxxx@xxxxx-xxxxxxxxxx.xx • Website: xxx.xxxxx-xxxxxxxxxx.xx: Company registration no. HRB 110793 at Hamburg District Court
Board of management: Xx. Xxxxxxxx Xxxxxxxx (Chairman), Xx. Xxxxx Xxxx, Xx. Xxxxx Xxxxxxx, Xxxxxx Xxxxx
Chairman of the Supervisory Board: Xxxx Xxxxxxx
Page 1 of 11
Preliminary remarks
The lessee and lessor concluded a lease on 29 January / 5 February 1999 and Annexes 1-18 for office and service premises, indoor floor space and parking spaces at property 0000, Xxxxxxxxx Xxxxxxxx Xxxx, Xxxxxxx Xxxxxxxxxxx.
In addition to the office, service and indoor premises already leased, the lessor wishes to lease further office and indoor space in building sections G1 and G2, located at Xxxxxxxxxxxxxxxxx 00 and 27, with effect from 15 August 2013. The lessee intends to establish a further computer centre in the office and indoor space in building sections G1 and X0, Xxxxxxxxxxxxxxxxx 25 and 27.
The contracting parties also agree that the lessee will be entitled to return the office premises in building section B6 at Xxxxxxx Xxxxxxxxxxx 000 under the existing lease and Annexes 1 to 18 to the lessor, with 12 months, commencing on 15 August 2013.
For this reason, the parties agree the following, with reference to the lease:
§1
Leased property
(1) | From 15 August 2013, the lessee will lease the following additional premises, the location of which can be seen on the attached plans (with the exception of a proportion of the communal areas) appended as |
ANNEXES 1.1 to 1.3
1. | Indoor space in building section X0, Xxxxxxxxxxxxxxxxx 00, including a proportion of the communal areas, | Ground floor | Approx. 472.03 m2 | |||
2. | Indoor space in building section X0, Xxxxxxxxxxxxxxxxx 00, including a proportion of the communal areas | Ground floor | Approx. 529.49 m2 | |||
3. | Office premises in building section X0, Xxxxxxxxxxxxxxxxx 00, ground and first floors, including a proportion of the communal areas | Ground floor | Approx. 144.13 m2 | |||
4. | Office premises in building section X0, Xxxxxxxxxxxxxxxxx 00, ground and first floors, including a proportion of the communal areas | Ground floor | Approx. 176.72 m2 | |||
5. | Office premises in building section X0, Xxxxxxxxxxxxxxxxx 00, ground and first floors, including a proportion of the communal areas | First floor | Approx. 386.62 m2 | |||
6. | Service areas in building section X0, Xxxxxxxxxxxxxxxxx 00, including a proportion of the communal areas | Ground floor | Approx. 181.00 m2 | |||
7. | Service areas in building section X0, Xxxxxxxxxxxxxxxxx 00, including a proportion of the communal areas | Ground floor | Approx. 142.36 m2 | |||
8. | Outdoor parking spaces nos. 28, 29, 58, 59, 62 and 63 | 6 |
2 August 2013
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(2) | The additional leased premises and parking spaces listed in paragraph (1) will be transferred in their current condition familiar to the lessee. A reciprocal certificate will be issued at the transfer inspection. Should the transfer certificate not record any shortcomings or corrective work as being required on the leased premises, the lessee will acknowledge the condition of the rented premises as corresponding to the lease upon signature of the transfer certificate. Hidden defects will be excepted. |
§2
Term of the lease / Option to extend the lease
The office, service and indoor premises and the parking spaces listed in §1(1) above will be continuously leased from 15 August 2013 to 31 December 2024.
§3
Rent
(1) | The rent for all the leased premises will comprise the following from 15 August 2013: |
1. | 472.03 | m2 | Indoor space in building section G1 including a proportion of the communal areas @ €[***]/m2 | = € | [***] | |||||
2. | 529.49 | m2 | Indoor space in building section G2 including a proportion of the communal areas @ €[***]/m2 | = € | [***] | |||||
3. | 144.13 | m2 | Office premises in building section G1 including a proportion of the communal areas @ €[***]/m2 | = € | [***] | |||||
4. | 176.72 | m2 | Office premises in building section G1 including a proportion of the communal areas @ €[***]/m2 | = € | [***] | |||||
5. | 386.62 | m2 | Office premises in building section G2 including a proportion of the communal areas @ €[***]/m2 | = € | [***] | |||||
6. | 181.00 | m2 | Service areas in building section G1 including a proportion of the communal areas @ €[***]/m2 | = € | [***] | |||||
7. | 142.36 | m2 | Service areas in building section G2 including a proportion of the communal areas @ €[***]/m2 | = € | [***] | |||||
8. | 5,582.52 | m2 | Service areas including a proportion of the communal areas @ €[***] | = € | [***] | |||||
9. | 11,668.82 | m2 | Indoor space @ €[***]/m2 | = € | [***] | |||||
10. | 337.50 | m2 | Service premises in building section D6 @ €[***]/m2 | = € | [***] | |||||
11. | 6 | Parking spaces @ €[***] | = € | [***] |
2 August 2013
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12. | 1 | Parking space @ €[***] | = € | [***] | ||||||
13. | 31 | Outdoor parking spaces @ €[***]/each | = € | [***] | ||||||
14. | 30 | Covered parking spaces @ €[***]/each | = € | [***] | ||||||
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15. | Net rent | = € | [***] | |||||||
16. | 6.289,99 | m2 | Prepayment of overheads and heating costs for office premises @ €[***]/m2 | = € | [***] | |||||
17. | 13,331.20 | m2 | Prepayment of overheads for indoor and service areas @ €[***]/m2 | = € | [***] | |||||
|
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18. | Subtotal | = € | [***] | |||||||
19. | plus statutory VAT (currently 19%) | = € | [***] | |||||||
20. | Total monthly rent = | = € | [***] | |||||||
|
|
The net rent agreed under paragraph (1) nos. 3 to 5 will be adjusted as follows in the second and third year of the lease for the office premises listed:
144.13 m2 office premises in building section G1
To €[***]/m2, i.e. to €[***] in the second year of the lease, i.e. with effect from 1 September 2014;
To €[***]/m2, i.e. to €[***] in the third year of the lease, i.e. with effect from 1 September 2015
176.72 m2 office premises in building section G2
To €[***]/m2, i.e. to €[***] in the second year of the lease, with effect from 1 September 2014.
To €[***]/m2, i.e. to €[***] in the third year of the lease, i.e. with effect from 1 September 2015.
386.62 m2 office premises in building section G2
To €[***]/m2, i.e. to €[***] in the second year of the lease, i.e. with effect from 1 September 2014.
To €[***]/m2, i.e. to €[***] in the third year of the lease, i.e. with effect from 1 September 2015.
(2) | The lessee is exempt from payment of the net rent for the office premises listed under §1(1), nos. 1 to 7, from 15 August 2013 to 15 January 2014. However, the lessee will be liable for the costs of overheads and heating, and the rent for the remaining leased space and parking spaces, plus the statutory VAT, during the exemption period. |
(3) | The value guarantee clause agreed between the parties in the lease will remain unaffected and will also apply in full to the additional premises leased under this Annex. The most recent index adjustment will apply to the value adjustment of the rent. |
(4) | Notwithstanding paragraph (3), the first index adjustment for the office premises listed under §1(1), nos. 3 to 5 of this Annex no. 19 will not be applied until 15 August 2016. |
2 August 2013
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§4
Extension / alteration / restoration of leased premises
Under Annex no. 19, the lessee will be responsible for extension of the newly-leased office and indoor floor space at its own expense and risk, in close consultation with the lessor. The lessee will be responsible for draft planning of the internal fixtures and fittings of the indoor floor space, outdoor areas and the surface of the roof, and will submit relevant documents to the lessor.
The lessee will also be responsible for obtaining any planning permission, at its own expense and risk. The lessee will bear sole responsibility for the technical and financial suitability of the leased premises for the purpose for which they are leased.
The extension work and the erection of the planned additional structures, particularly on the office, service and indoor floor space in building sections G1 and X0, Xxxxxxxxxxxxxxxxx 25 and 27, are subject to the following requirements:
• | The lessee must carry out the alterations and additions to the building at its own risk and expense. |
• | Outstanding applications for planning permission must be submitted to and agreed with the lessor before submission to the planning authority. Changes to the external appearance will require the express written approval of the lessor. |
• | The extension measures carried out by and at the expense of the lessee involve technical installations on the existing flat roof. The existing roof must be strengthened for erection of the structures, the surface of the roof made load-bearing and accessible for maintenance purposes, and the plant integrated into the lightning conductor system of the building. The lessee will assume the maintenance of and the maintenance obligation for roof penetration occasioned by its installations and structures, at its own expense. |
• | The lessee will assume the maintenance obligation for its fixtures and fittings, at its own expense. |
• | Working drawings must always be made available to the lessor in good time, before work commences, for information and approval. |
• | Completion of building work must be notified to the lessor in writing for each section of the building for the purpose of joint inspection of proper implementation. |
As-built documentation of the conversions and additions must be made available to the lessor in digital form, immediately after completion.
The lessee undertakes to return the leased property to its original state at the end of the lease, by agreement with the lessor. The lessee will bear the costs of the above restoration obligation.
2 August 2013
Page 5 of 11
The interests of the other lessees of the property must be treated with the greatest possible consideration during building work. Should the other lessees be affected during the building work and should claims be made as a result, Interxion Deutschland GmbH will bear responsibility for direct negotiation and making a fair settlement, if the claims are justified. The lessee will indemnify the lessor against any claims whatsoever in this respect. A separate agreement must be made with the lessor on the areas required for the storage of building materials or parking construction plant.
§5
Indemnification clause and lessees in building sections X0, X0 xxx X0
(0) | Xxxxxxxxx Xxxxxxxxxxx GmbH undertakes to compensate the lessor and the latter’s lessees for any losses incurred due to the building work in building sections G1 and G2 and to rectify impairments or damage which are also attributable to the building work specified under §4 immediately, at its own expense. This also applies expressly to any soiling of the facades and the external areas of the lessor’s building. |
(2) | Should third parties (other lessees and their business partners) in the Xxxxxxx Landstrasse business park be affected by the lessee’s building work in the areas around building sections G1 and G2 because the access to their leased premises or parking spaces are located in this area, Interxion Deutschland GmbH will ensure from the outset that access to these leased areas and parking spaces remains unimpeded, at its own expense. Interxion Deutschland GmbH must also ensure that the upgrading work to be carried out, particularly the extension of the fence, is agreed mutually with the lessor’s affected lessees in the Xxxxxxx Landstrasse business park in building sections G1, F1 and F2, specifically the lessors “Uni Elektro,” “R&M” and “Infuracom” |
§6
Condition precedent
The validity of this annex is subject to the condition precedent that a legally effective termination agreement be concluded by 14 August 2013 with the existing lessees of the rented premises and parking spaces listed under §1(1)(1) to (7).
§7
Return of parts of the leased property
The lessee will be entitled to return the rented office premises on the first floor of building section X0, Xxxxxxx Xxxxxxxxxxx 000 to the lessor, in a completely empty, clean state, within a period of 12 months from 15 August 2013, insofar as the condition under §81 of this annex has arisen.
1 | Translator’s note: Since §8 consists of “Other agreements”, it is possible that §6 (“Condition precedent”) was meant. |
2 August 2013
Page 6 of 11
§8
Other agreements
All the other provisions of the lease dated 29 January / 5 February 1999 and Annexes 1 to 19 which have not been amended by this Annex 19 remain unaffected.
The parties are aware of the statutory requirement for the written form. They mutually undertake to take any action and make any declarations which may be required to satisfy the requirement for the written form, particularly in connection with conclusion of this Annex 19 and further Annexes, and not to cancel the lease prematurely in the meantime by invoking a failure to comply with the requirement for the written form.
Should one or more of the provisions of this Annex be or become ineffective for any reason, the validity of the remaining provisions of the Annex will remain unaffected. In such a case, the parties must conclude an effective agreement which reflects the economic intent of the invalid provisions as closely as possible.
ANNEXES 1.1 to 1.3 | below form a constituent part of this Annex 19. | |
ANNEX 1.1 to 1.3 | Plans of the office, indoor floor space and service areas in building sections G1 and G2 | |
ANNEX 2 | Parking spaces |
Xxxxxxx, 0 August 2013 | Frankfurt, 5 August 2013 | |||
Union Investment Real Estate GmbH | Interxion Deutschland GmbH | |||
Union Investment Real Estate GmbH | ||||
Xxxxxxxx 00 00 00 00000 Xxxxxxx |
||||
Valentinskamp 70 / EMPORIO 20355 Hamburg |
||||
[signed] |
[signed] | |||
(Xxxxxxx Xxxxxxxxxx / Xxxxxxx Xxxx) | (Xxxxx Xxxxx) | |||
Interxion Deutschland GmbH | ||||
Xxxxxxx Xxxxxxx. 000 00000 Xxxxxxxxx/Xxxx Tel. x00-00-000000 Fax x00-00-00000000 E-mail xxxx@xxxxxxxxx.xxx xxx.xxxxxxxxx.xxx |
Names in block letters
Schönwandt / Xxxx |
Xxxxx |
2 August 2013
Page 7 of 11
The lessee Interxion Deutschland GmbH will be bound by the quotation made on signature of the above Annex on conclusion hereof until 31 August 2013. The acceptance period will be deemed to have been observed if the countersigned Annex (declaration of acceptance) is mailed during this period. The date of the postmark will be deemed binding.
Frankfurt, (date:) 5 August 2013 |
[signed] |
(Xxxxx Xxxxx) |
2 August 2013
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ANNEX 1.1
Xxxxxx xxxxx, xxxxxxxx xxxxxxxx X0 xxx X0
0 August 2013
Page 9 of 11
ANNEX 1.2
First floor, building sections G1 and G2
2 August 2013
Page 10 of 11
2 August 2013
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