In addition to the project development phase, the financing also covers the ensuing management phase. The borrower and project developer is CA Immo.
ONE is located in an excellent, central site in the immediate vicinity of Frankfurt’s trade fair grounds and, at a height of 190 metres, will be among the six tallest office buildings in Frankfurt. With a total lettable area of around 65,000 sqm, it will bring together a number of uses under one roof: the lower 14 floors will be used as a hotel with restaurant and conference area; the upper floors have been conceived as office space and will include a co-working area and a sky bar at a height of 185 metres.
|Investment||Landmark skyscraper “ONE” in Frankfurt|
|Volume of finance||EUR 250m|
|Type of finance||Long-term real estate finance|
|Role of Helaba||Sole underwriter and thereafter as lead manager of a banking syndicate|
|Unit/Department||Domestic Real Estate Finance|