FRANKFURT-DIC Asset AG has sold Bienenkorbhaus, a high-rise building in Frankfurt, for approximately EUR 75 million. RFR Holding GmbH was the buyer. The property, situated on Frankfurt's Zeil, comprises 80,729 square feet of office space and 37,673 square feet of retail space. It is more than 95% leased to tenants including Frankfurter Sparkasse and Ludwig Gortz.
Deutsche Pfandbriefbank AG provided acquisition financing for RFR Holding. For the full story, go to Europe Real Estate .
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