Publity snaps up 26,000 m2 office scheme in Frankfurt

German investor Publity Finanzgruppe has announced the acquisition of a 26,000 m2 fully-let office complex in Frankfurt am Main for an undisclosed amount.

Built in 2000, the property is located on a 23,000 m2 site and includes five separate buildings and 371 parking spaces. The main tenants are TeleCash / First Data Deutschland, Bad Homburger Service and JVC Kenwood.

'With the office complex in Bad Vilbel we acquire again in the Frankfurt am Main area on behalf of our investors. The acquisitions in the region show that we can continue to shop at attractive rates,' said Thomas Olek, CEO of Publity.