German lender Aareal Bank has provided a €129 mln loan to Tristan Capital's Curzon Capital Partners IV fund to help finance its €175 mln acquisition of the Garden Tower office building in Frankfurt.

German lender Aareal Bank has provided a €129 mln loan to Tristan Capital's Curzon Capital Partners IV fund to help finance its €175 mln acquisition of the Garden Tower office building in Frankfurt.

Centrally located in Frankfurt's banking district, Garden Tower is a 126-metre building consisting of two towers. The building was constructed between 1973 and 1976 as the headquarters of Landesbank Hessen-Thüringen (Helaba) and was one of the first high-rise buildings in Frankfurt’s financial district, the Bankenviertel. It was completely refurbished between 2003 and 2005. The Garden Tower was awarded a 'very good' BREEAM sustainability rating in 2006.

The asset serves as Société Générale’s headquarters in Germany, while investment advisory company Deutsche Vermögensberatung is the second-largest tenant.

'We are delighted that we were able to provide a customised financing solution for this landmark building in Frankfurt's city centre, to such a renowned business partner,' said Ronald Hoffmann, managing director Germany at Aareal Bank.