May
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
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.
Jul
The high-rise quarter FOUR in Downtown Frankfurt has reached an important milestone over the past few weeks. In mid-June, the last contracts for the overall financing of the mega-project were successfully completed. The realization of the four high-rise buildings between Junghofstrasse, Grosse Gallusstrasse and Neue Schlesingergasse is progressing according to plan in large steps. Novelty
Oct
The asset manager HANSAINVEST Real Assets GmbH from Hamburg has now acquired a 50% stake in the Global Tower project development from GEG German Estate Group AG. Upon completion of the project in late summer 2020, she will acquire the building in full for one of her special funds. The entire project development, rental and
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
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