Siemens-Areal (Frankfurt)

107,000 sm resi re-development site in Frankfurt

Fund III provided short-term bridge finance to its residential development company formart in March 2015 to purchase the 5.3-hectare “Siemens-Areal” site in Bockenheim, a suburb north west of Frankfurt. formart plans to develop the site into a 650-unit residential condominium complex with parking for 550 vehicles.

 

Portfolio: Fund III