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PalaisQuartier

The Frankfurt market for real estate investment is booming. The stand-out deal last year was the PalaisQuartier (‘Palais District’), which changed hands for around 800 million euros. The vendor has achieved their target price – thanks also to support from Drees & Sommer. The leasable space of the complex totals some 115,000 square meters. Buildings include the Nextower, Hotel Jumeirah Frankfurt, the Palais Thurn & Taxis and the MyZeil shopping center, as well as an underground car park.

Additional value

  • Target selling price achieved for Germany’s largest single transaction in 2014

Project data

Client:

PalaisQuartier GmbH & Co. KG represented by KP Investments, GmbH, Frankfurt am Main

Location:

Frankfurt, Germany

Project duration:

April 2014 – December 2014

Area of site:

17,400 m²

GFA:

226,000 m², of which

Total leasable area:

115,000 m²

MyZeil / PalaisQuartier parking spaces:

1,396

Transaction volume:

approx. € 800 million

Individual services

  • Transaction Services with preperation of Technical Fact Book
  • Document preparation and Pre-Check
  • Support during Investor Site Inspections
  • Q&A Process and Contract Negotiations

Location map

Directions