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Real I.S. acquires office building Marienbogen in Frankfurt’s banking quarter from Hines

  • Total leasable space of approx. 5,900 square metres; ‘Silver’ certified by the German Sustainable Building Council (DGNB)
  • BGV VIII Europa equity capital commitments fully invested
  • Target volume of around one billion euros nearly reached

Real I.S. AG has acquired the office building Marienbogen in Frankfurt am Main for its special real estate alternative fund (AIF) BGV VIII Europa. The seller of the property is the Hines European Core Fund (HECF). The parties have agreed that the transaction price will not be disclosed.