Helaba is providing €124 million in funds to refinance the Elisenhof building in Munich, an office and retail property with a total rentable area of around 46,000 m² originally built in 1984, for a company of the Tishman Speyer Group. The bank is acting as arranger, sole lender and hedging provider.
Tishman Speyer acquired the “Elisenhof” in 2006 and carried out a complete refurbishment. The eight-floor office and retail building is in an attractive location between the main railway station and the old botanical garden and is a sought-after address for law firms, management consultancies and medical practices.
Source: Helaba
