Frankfurt: Berenberg Bank rents 1,200 sqm in office villa
Starting in November 2009, the Frankfurt branch of Berenberg Bank, Germany's oldest private bank, will be the sole tenant in "Moritz-von-Schwind-Haus," an office villa in Frankfurt's Westend district. The landmarked building at Bockenheimer Anlage 3 will be completely renovated and extended by GeRo Real Estate AG and Vivum GmbH. According to earlier reports, the investment volume runs to about €6mn. The new tenant expects ca. 1,200 sqm of office space to be available at completion.