SKYPER | 29.04.2013
Allianz Real Estate purchases the SKYPER Tower in Frankfurt am Main
Located in the heart of Frankfurt's banking district, Allianz Real Estate has purchased the SKYPER office development, at Taunusanlage 1, for the use of various Allianz companies.
The vendor is a fund managed by UBS with an investment volume of around EUR 300 million. SKYPER is the first high-rise building in Frankfurt to be included in Allianz' property portfolio.
"We are delighted that, with SKYPER, we have been able to add such an outstanding property to Allianz' portfolio," said Stefan Brendgen, CEO of Allianz Real Estate Germany. "This purchase shows that we are continually pursuing our real estate growth strategy."