In a 50:50 joint venture, SIGNA Prime Selection AG (SIGNA Prime) and RFR Holding GmbH (RFR) have acquired a unique portfolio consisting of the two properties Opernplatz 2 in Frankfurt and Beursgallery in Rotterdam from Allianz Real Estate GmbH. The building Opernplatz 2 offers the opportunity to develop a high-quality mixed-use property consisting of office, retail, and gastronomy in an absolute prime location in Frankfurt in the immediate vicinity of the famous Old Opera House (Alte Oper).
Tobias Sauerbier, Board Member of SIGNA: “With the purchase of the two properties in absolute top locations in Frankfurt and Rotterdam, we are further diversifying the SIGNA Prime portfolio in terms of the locations of their properties and their mix of uses. We are very happy to have secured two trophy assets in these excellent locations. With the acquisition we are further expanding our market position as a leading European real estate company. ”
“A transaction like this requires a lot of trust among those involved. We had a constructive and trusting cooperation with SIGNA from the start. We are therefore particularly pleased to have acquired this extraordinary property together with SIGNA. Both parties are creating an internationally renowned and experienced joint venture. We remain happy of realizing project developments in Germany with our selected partner. As a “Frankfurt company” we are pleased to have secured the very prominent Opernplatz 2 location for our portfolio. RFR and SIGNA already have joint project experience within the framework of joint ventures in Munich and New York”, says Dr. Alexander Koblischek, authorized signatory of RFR Holding GmbH.