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PATRIZIA Immobilien AG is acquiring the Commerzbank-Tower in Frankfurt am Main. Located at Kaiserplatz, the 259-metre-tall tower is the highest building in Germany and is considered to be a symbol of the banking metropolis. In the real-estate deal, PATRIZIA is acting as investment manager after being awarded with an individual contract by the South Korean …
Continue reading “PATRIZIA acquires Commerzbank-Tower in Frankfurt for South Korean Samsung Group”
Together with Universal-Investment GmbH, GPEP GmbH (“GPEP”), as portfolio manager, has acquired various retail centres and retail parks as well as a petrol station for an institutional investor. These properties have a combined rental space of approximately 108,000 m2 and an annual rental income of around EUR 7 million, the seller was an international special …
Continue reading “Universal Investment and GREP acquire retail centres and retail parks in Germany”
