Oceans’ Real Estate Finance division advised on the successful sourcing and execution of the EUR 52m senior financing for publity’s acquisition of the Access Tower in Frankfurt-Niederrad.
The office building Access Tower with its 69 meters and 21 floors is one of the tallest buildings in the district of Frankfurt-Niederrad. The property was built in 1970 and completely modernized in 2002, providing a total of 21,000 sqm. Access Tower offers high-quality office spaces with modern facilities, an attractive gastronomic offering as well as 300 parking spaces. Since July 2019, the LEED Gold certified landmark building is fully let.
Senior financing was provided by Hamburg Commercial Bank.