At
the end of last week, a consortium of investors led by IVG concluded a
purchase agreement to acquire the Silver Tower property in Frankfurt am
Main from Commerzbank AG. The property involved in the transaction
comprises the building complex of Jürgen-Ponto-Platz 1 (Silver Tower)
and the building immediately adjacent, Gallusanlage 8.
A confidentiality agreement has been signed between both parties regarding details of the purchase agreement.
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