CMS advises on part financing of Frankfurt FOUR high-rise complex

Frankfurt/Main – The FOUR complex in Frankfurt city centre, comprising four high-rise buildings, is entering the next phase following completion of one of Germany’s largest real estate financing deals. Total investment in the project amounts to more than a billion euros. The four towers under construction have each been independently financed, including the relevant part of the shared base building.

A CMS team headed by partner Dr Herbert Wiehe advised on all legal aspects of the mezzanine financing by a German pension fund for the 120 metre T3 tower on Junghofstraße. The investment was managed by Collineo Asset Management. The highly complex negotiations on integrating the mezzanine financing into the overall scheme were handled jointly by CMS and Collineo. Collineo Asset Management is a longstanding CMS client and regularly relies on the team’s expertise.

The Frankfurt FOUR project is a high-rise ensemble in downtown Frankfurt comprising four towers, and is planned as a sustainable neighbourhood. It will offer housing for up to 1,000 residents and jobs for around 4,000 people across some 213,000 sq m of above ground floor space. Around half of the space being created is earmarked for office use. In addition, approximately 650 apartments are planned, as well as hotels, restaurants, retail outlets, local amenities and public attractions.

CMS Germany

Dr Herbert Wiehe, Lead Partner, Banking & Finance
Dr Malte Bruhns, Partner, Corporate/M&A
Viktoria Dick, Senior Associate, Banking & Finance
Philipp Schönnenbeck, Counsel
Dr Christoph Grenz, Counsel, both Real Estate & Public

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