Milan – Generali Real Estate has signed the agreement to acquire from OFB Projektentwicklung (OFB) the 1 0 t r a l (in German: ‘zehntral’) building in Frankfurt’s city centre as part of a forward deal. The building will be acquired on behalf of the panEuropean fund Generali Europe Income Holding (GEIH), managed by Generali Real Estate S.p.A Società di gestione del risparmio.
1 0 t r a l is an office and commercial building located in Bleidenstraße 6, comprising around 4,800 sqm of rental space. A high-quality asset in an excellent location, the building is currently undergoing a complete refurbishment expected to be completed at the end of 2022. It will enjoy the highest sustainability standards, aiming to the achievement of the LEED Gold certification thanks to features such as a new high-quality and energy-efficient façade.
You can now read the full press release at the link below