Green Dutch developer OVG is to redevelop IVG's vacant Triton office in Frankfurt, OVG's CEO Coen van Oostrom announced Tuesday at EXPO REAL. The redevelopment of the 25,000 m[sup]2[/sup] building marks OVG's first step in the German market as an office developer. Earlier this year, it brokered the biggest leasing transaction in the Frankfurt market: the relocation of Commerzbank to the vacant Polux building.
Green Dutch developer OVG is to redevelop IVG's vacant Triton office in Frankfurt, OVG's CEO Coen van Oostrom announced Tuesday at EXPO REAL. The redevelopment of the 25,000 m2 building marks OVG's first step in the German market as an office developer. Earlier this year, it brokered the biggest leasing transaction in the Frankfurt market: the relocation of Commerzbank to the vacant Polux building.
OVG expects to announce plans shortly for new developments in Berlin and a Nordic country. Last year the Rotterdam-based developer won the Green Thinker Encouragement Award for its efforts in the field of sustainability. OVG claims that energy consumption at the redeveloped Triton Haus will be 60% lower than the original building.
