ARDIAN, the leading, independent investment company, buys the “WestendCarree” office complex in Frankfurt’s Grüneburgweg. It is the sixth investment by Ardian Real Estate in Germany. The parties involved have agreed not to disclose the volume of the transaction.
The WestendCarree office complex, built in 1989, was last renovated in 2010 and extends over 31,000 square meters of rental space. The aim is to adapt the equipment of the WestendCarree to the most modern office space configurations and working conditions.
As a leading private investment company, ARDIAN currently manages approximately US $ 110 billion in assets in Europe, America and Asia. Ardian puts entrepreneurship first and focuses on delivering great investment performance to its global investor base.
taxess provided tax and structural advice on the acquisition.