Quantum acquires new apartment building in Frankfurt am Main for €50 million (DE)

Quantum Immobilien Investment Gesellschaft mbH has acquired a new condominium under construction in the Europaviertel development in Frankfurt am Main comprising a total of 182 residential units on a total area of around 13,600 m² of living space.

The project has 130 underground parking spaces and after completion in the first quarter of 2016 will be owned by the residential real estate special funds "Habitare" and an individual fund.

The total investment is about €50 million and the seller is a property company of aurelis.

Source: Quantum Immobilien

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