DEGI EUROPE RETAIL purchases building in Zeil, Frankfurts main retail street (DE)

DEGI has acquired the fully let commercial building, Zeil 127, in Frankfurt am Main for over €30 million. The property was sold by Nassauische Sparkasse (NASPA), which will remain in the building as a long-term tenant. DEGI was advised in this transaction by Kempers Jones Lang LaSalle Frankfurt.

Built in the 1950s and completely modernised in 2000, the building has a lettable area of around 5,100 m

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