PropertyEU

FAZ Tower in Frankfurt sells for €200m to HanseMerkur

By Virna Asara 2020-11-25T00:00:00

tower

More than one-and-a-half years ahead of its completion, German insurer and asset manager HanseMerkur Grundvermögen has agreed to acquire the new headquarters of media group Frankfurter Allgemeine Zeitung (FAZ), one of the most prestigious office projects currently under construction in Frankfurt, for one of its investment vehicles.

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