PropertyEU

Electra buys 70% of office building in Frankfurt

By A staff reporter 2007-03-01T00:00:00

Electra Real Estate has acquired 70% of an office building in Frankfurt for EUR 66.5 mln. The 22-storey building provides some 18,400 m[sup]2[/sup] of office space and is fully leased to business services company Ernst & Young at EUR 4.1 mln per annum until 2015.

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