Milestone for new development and revitalisation on Hafenstrasse

Aroundtown receives building permit for office tower in Frankfurt's city centre

The building permit marks the start of the revitalisation of the 88m high office tower with appr. 19.000m² at Hafenstraße 51 - in a prime city-centre location right next to Frankfurt's main central train station. On the top floors, modern office spaces with additional event spaces and a welcoming entrance area will be created. The highlight will be the spacious Skylobby on the 19th floor with a breathtaking view of the Frankfurt skyline.

Structures and technology rethought

As part of the reconstruction the building is completely rethought in terms of its structure and usage. The building was already built back to shell & core. Starting spring 2023, the entire façade will be fitted with new elements. Inside, all technical systems will be renewed and rearranged to provide optimal floor plans. This will create appr. 860m² per floor for the design of modern and sustainable office spaces. After construction completion, the goal is to obtain a LEED Gold certification.

At the pulse of time

With a bright, representative entrance and central reception, the office tower will welcome all tenants and guests. The ground floor will be open on both sides. Additional F&B facilities will invite visitors to linger. For an even higher quality of stay, a sustainable outdoor design concept with green seating areas will be created towards Adam-Riese-Platz.

Centrally located in Frankfurt's city centre

The property is centrally located directly next to Frankfurt's main central train station at Hafenstraße 51, 60327 Frankfurt, and is thus optimally connected. The airport, the trade fair centre and the Westkreuz motorway intersection can be reached quickly. Nearby shopping centres in close vicinity offer numerous shopping and supply options, and there is a large number of restaurants and hotels along Mainzer Landstraße.

About Aroundtown

Aroundtown is Europe's third-largest real estate company, committed to sustainable investment and focused on income generating quality properties that have potential for value-add in central locations mainly in Germany and the Netherlands. The portfolio comprises mainly office, residential and hotel properties. Hundreds of experienced employees from all areas of the value chain ensure that Aroundtown effectively realizes long-term potential. Professional organization, flexibility and innovation make Aroundtown a reliable partner for growth and success. Aroundtown is a member of the European Public Real Estate Association (EPRA), the German Property Federation (ZIA) and the German Sustainable Building Council (DGNB). (DGNB) as well as a signatory of the United Nations Charter of Diversity. Aroundtown has received multiple EPRA BPR Gold Awards and EPRA sBPR Gold Awards for its transparent financial and sustainability reporting.

Avisco, controlled by Yakir Gabay, holds 15% in Aroundtown followed by Blackrock at 6% (status: 29-07-2022). Other shareholders include Norges, Vanguard, Allianz, BNP Paribas, Japan’s Government investment fund, Aliance-Bernstein, Dekabank, State-Street, Bank of Montreal and many other leading international investors. The main bond investors include ECB, GIC, Union Investment, DB, UBS, CS, M&G, Pictet, Credit Agricole and many other major institutional investors. www.aroundtown.de