23

Nov

Hello, Frankfurt!

The time is right for the Skyline Atlas!

Today, with the Skyline Atlas, a project I’ve wanted to realise for many years is being launched online: an editorial information site about high-rise buildings in Frankfurt am Main – the city in which I live and work. There are many good reasons for the Skyline Atlas. On the one hand, I would like to make available previously missing and detailed information about high-rise buildings and urban development to a broad readership. I would also like to show the world what happens in Frankfurt and what new developments there are. The skyline Atlas is ultimately, in the coming years, to become an online compendium.

As the main author of the Skyline Atlas, I have dealt extensively with topics on urban development in Frankfurt for some 20 years. I have published several publications, newspaper interviews, and been involved in a number of enquiries from companies concerning real estate and construction information. In addition, I look at the progress of numerous construction projects every week. I am well connected and would like to make this knowledge available to everyone free of charge with the Skyline Atlas.

If you are interested in an editorial collaboration with the Skyline Atlas and would like to research or write content, you can contact us . You can of course also submit suggestions and corrections to individual pages.

And now I wish you a lot of fun reading and a warm welcome!

Yours, Michael Wutzke

16

Nov

GEG buys former Commerzbank high-rise and develops it again

GEG German Estate Group AG, Frankfurt, has now acquired the former Commerzbank Hochhaus (Neue Mainzer Strasse 32-36, Frankfurt / Main) from Commerzbank AG and is developing it as a ‘GlobalTower’.

Built in 1974, the Hochhaus is a classic among the Frankfurt office buildings. With around 30,000 sqm of rental space, the GEG portfolio is another attractive landmark property. At the end of 2017, GEG will strip the building, completely rebuild it and remarket it exclusively as a ‘Global Tower’ on the Frankfurt office market. The total investment volume is over EUR 220 million.

The pbb Deutsche Pfandbriefbank accompanies the transaction, as broker company, JLL has advised.

Ulrich Höller, Chairman of the Board of Management of GEG: “With the repositioning as a ‘Global Tower’, we are creating a first-class, modern space offer with one of the most famous ‘Frankfurt Classics’ in an exposed top position.”

Commerzbank used the building as its corporate centre until 1997. Since 2004, the site has no longer  been used and instead been sub-let.