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GSK Stockmann advises Groß & Partner on sale of planned office and commercial building in Frankfurt's high-rise quarter “FOUR Frankfurt”.

GSK Stockmann has provided comprehensive real estate and financing law advice to the project developer Groß & Partner on the sale of a high-rise office building at Junghofstrasse 9 in Frankfurt. The property was acquired by the investment company Union Investment for the portfolio of the open-ended public property fund UniImmo: Deutschland.

The approximately 100-meter-high office tower with over 23,000 sqm of rental space on 25 floors is part of the “FOUR Frankfurt” project development. On the former Deutsche Bank premises, Groß & Partner is currently developing a high-rise ensemble with four high-rise buildings in downtown Frankfurt.

According to a utilization concept that is unique in Europe, the FOUR Frankfurt project is to create until 2023 a lively and diverse quarter with more than 600 apartments, two lifestyle hotels and numerous restaurants and shopping facilities.

The high-rise quarter between Junghofstrasse, Große Gallusstrasse and Neue Schlesingergasse is to be built on the basis of a design by the Amsterdam architects UNStudio.

Advisor Gross & Partner
Dr. Michael Eggersberger, Johann Rumetsch (both Real Estate), Dr. Markus Söhnchen (Corporate), Stefan Koser (Finance), Dr. Dirk Koch (Tax), Dennis Stenzel, Sascha Zentis (both Regulatory), Volker Hofstetter (Real Estate), Dr. Gerhard Gündel (Corporate), Wolfgang Jegodka (Antitrust); Associates: Çağlayan Birkan, Volkan Cakir (both Real Estate), Rebecca Comtesse (Finance), Inga Henrich (Corporate)