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May

Noerr advises Sparda Bank Hessen on acquisition of Sparda Bank Tower

The law firm Noerr has advised Sparda Bank Hessen eG on its acquisition of a high-rise office and hotel building still under development in the European District of Frankfurt. The building, which is located at the southern entrance to Frankfurt’s trade fair, is being developed by Gustav Zech Stiftung Management GmbH. The “Sparda Bank Tower” is to

What is a real estate transaction?

You often read about the fact that real estate is being sold. Thus, a real estate transaction is an act between at least two actors in which a property becomes part of a contract. The most common types of real estate transactions are buying/selling. The buyer usually pays the seller a certain amount of money.

Sparda Bank Tower

Sparda Bank Tower is a new high-rise building that will be built in the European District of Frankfurt by 2025. Construction started in 2022. The building was designed by the architects cyrus moser. The property is owned by Sparda Bank Hessen eG, which acquired the building from the project developer Zech. Sparda Bank will also