Oceans’ investment advisory team facilitated an off-market sale of two properties to a joint venture consisting of the Berlin based CESA GROUP and the Family Office of Daniel Hopp, located in Mannheim. Oceans & Company advised the transaction on behalf of the seller.
The two properties are located in attractive districts of both Frankfurt and Hanau, offering approximately a total of 25,000 sqm in office and data center space. Both properties are linked to important data nodes and are partially let to international companies within the IT and telecommunications sector.
The property in Frankfurt distributes around 10,000 sqm of lettable area over 4 floors above ground and is located in a northern submarket of Frankfurt. The high-rise property in Hanau provides c. 15,000 sqm of lettable space and is located in a business zone.
The parties have agreed to not disclose the purchase price.