News


Large-scale rental in Tower 185 concluded

Hyundai leases roughly 4,000 m² office space in Frankfurt

Hyundai Capital Europa GmbH has signed a lease agreement for roughly 4,000 m² (43,055 ft²) of office space in Tower 185. With the conclusion of these lease agreements, the building's lease rate increases to around 85 per cent. Green Real Estate was involved in an advisory capacity for the conclusion of the lease agreement with Hyundai Capital Europe.  


Tower 185, which was designed by Prof. Christoph Mäckler Architekten in compliance with strict sustainability criteria, is Germany's fourth-tallest office building, standing at 200 metres (656 ft), and is the newest high-rise building to be completed in Frankfurt. The Green Building has a total rental area of around 100,000 m2 (1,076,391 ft2) and was one of the first new high-rise buildings in Europe to receive the renowned LEED Gold sustainability certification from the US Green Building Council. Other tenants of the building include the financial auditing and consulting company PwC (PricewaterhouseCoopers), the law firms Mayer Brown LLP and Dechert LLP, the company Excellent Business Center, CBRE Global Investors and the Frankfurt Branch of Australia New Zealand  Banking Group (ANZ Bank). 

CA Immo completed Tower 185 at the beginning of 2012, and at the end of 2013 around two-thirds of it were sold to two institutional investors. CA Immo retains the remaining third in its asset portfolio, and it is also responsible for the building's asset management. DRG Immobilien, a subsidiary of CA Immo, manages the property.