TRIUVA takes on Frankfurt's Junghof Plaza with forward purchase

PATRIZIA_Junghof-plaza_Frankfurt

PATRIZIA-owned TRIUVA has agreed the forward purchase of Frankfurt’s mixed-use Junghof Plaza from PGIM Real Estate and FGI Frankfurter Gewerbeimmobilien.

The 355,000 sq ft mixed-use plaza is more than 60% pre-let to tenants including Clifford Chance, Ruby Hotels and L’Osteria and was acquired in an off-market transaction on behalf of a large German pension scheme.

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