A fund managed by French asset manager Amundi RE has acquired an office complex in Frankfurt from Credit Suisse for an undisclosed sum.
The asset, located at Querstraße 8-10, was relet and refurbished before the sale by the vendor, a real estate fund of Credit Suisse invested in European commercial properties.
IC Immobilien Group advised Amundi RE throughout the transaction.
'This transaction, once again, not only demonstrates the IC Group’s ability to support international investors’ property acquisitions, it is also a prime example for the effective combination of our full range of services,' commented Christian Tannert, Director Investment at IC Immobilien Group.
Colliers International acted as commercial advisor and legal support was provided by Clifford Chance and CMS Hasche Sigle.
