Tishman Speyer Signs First Leases at Frankfurt Office Tower Under Development
Property EUFebruary 26, 2013
Tishman Speyer and joint venture partner Commerz Real have signed the first three lease transactions at the TaunusTurm project under construction in Frankfurt.
The lease agreements, totaling around 8,100 m2, involve HVB Gesellschaft für Gebäude und Beteiligungen, a wholly-owned subsidiary of HypoVereinsbank, which is taking 4,900 m2, international law firm King & Spalding with 1,600 m2 and Schroder Investment Management with another 1,600 m2.
The TaunusTurm, which is scheduled to open in January 2014, will be a 40-story 170-metre-high skyscraper, featuring 60,000 m2 of office space.