IFLR1000

Aurec €236 million acquisition of Eschborn Plaza

1/9/2017
Private acquisition
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€ 236 million

$ 282 million

Completed

1/9/2017

Overview:

  • A consortium of Israeli investors led by Aurec Group has acquired Eschborn Plaza for €236 million from Commerz Real.
  • The office is located in Frankfurt and currently leased by EY, which has a contract running to 2030.

 Katrin Kostadinova - Data analyst 

Jurisdictions:

Germany
Israel

Deal type:

Private acquisition

Practice area:

M&A

Governing laws:

Germany
Israel

Industry sector:

Real estate

Firms:
Bryan Cave Leighton Paisner

Party: Aurec Group (Acquirer)

Greenberg Traurig

Party: Migdal Insurance Group (Acquirer)

Party: Bank Leumi (Acquirer)

Party: Halman Aldubi Provident and Pension Funds (Acquirer)

Party: IDI Insurance Company (Acquirer)

Lawyers: Christian Schede, Claudia Hard, Lawrence Sternthal

Hogan Lovells

Party: Commerz Real (Seller)

Osborne Clarke

Party: Ernst & Young (Lease holder)

Lawyer: Rüdiger Bonnmann

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