Helaba finances mixed use building in Frankfurt am Main with €67 million for Aurec Capital Group (DE)

Helaba has agreed to provide the financing for a mixed office, residential and commercial building in the Frankfurt district of Bockenheim amounting to over €67 million in a joint venture led by Aurec Capital Group together with Menora Mivtachim Insurance Group and another Israeli Insurance company. Helaba is acting as Sole Lender in this transaction.

The property, an office complex constructed in the middle of the 1990s which had previously undergone a complete renovation in 2001, has a rentable floor space of around 35,500 m² and 335 underground parking spaces. The property is conveniently located at Bockenheimer Warte in Frankfurt-Bockenheim. Among the principal long-term tenants of the property are DWB-Bank, KFW and Nomura.

Source: Helaba

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