German listed company IVG Immobilien has acquired a 135-metre office tower in Frankfurt in a club deal on behalf of South Korean institutional investors.

German listed company IVG Immobilien has acquired a 135-metre office tower in Frankfurt in a club deal on behalf of South Korean institutional investors.

The parties agreed not to disclose the purchase price but PropertyEU is able to provide an estimate. For more details, see [link='IVG's acquisition of Gallileo in Frankfurt"]http://propertyscope.biz/eu/bb9s7