Main office Wiesbaden

Friedrichstraße 25
65185 Wiesbaden

Tel.: +49 611 7105-0

Fax: +49 611 7105-5410


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Main office Wiesbaden

Friedrichstraße 25
65185 Wiesbaden

Tel.: +49 611 7105-0

Fax: +49 611 7105-5410


Social Media

Search

Social Media

Dear visitor,
we are glad about your interest in our company.

Press release

Commerz Real sells “Golden House” in Frankfurt after 30 years

Commerz Real has sold the “Golden House” in Frankfurt am Main after 30 years. The office building located at Theodor-Heuss-Allee 80 has been purchased by a joint venture between Finch Properties and Partners Group for their institutional investors. According to details released by Commerz Real the price was higher than the most recent current market value of circa 94.5 million euros.

The property has been in the portfolio of the open-ended real estate fund hausInvest since 1987; the purchase price at the time was around 86.7 million euros.

With the sale we are pursuing our strategy of utilising the cycle so as to attain a positive contribution to results for our investors and, at the same time, to rejuvenate our portfolio

Andreas Muschter, the Chief Executive Officer of Commerz Real

The “Golden House” encompasses approx. 33,000 square metres of leasable space and derives its name from its striking golden-red façade of anodised aluminium. It was erected in 1984 and remediated in full in 1999. The main tenants are Commerzbank (approx. 15,000 square metres) and Finanz Informatik, the IT service company of Sparkassen Finanzgruppe (approx. 16,000 square metres).

[Bitte in "English" übersetzen:] Pressemitteilung zum Verkauf Goldenes Haus

CR_hausinvest_Goldenes_Haus_Verkauf_PM.pdf