Largest Real Estate Transaction in Germany in 2017

RFR Holding Sells Extraordinary Real Estate Portfolio to SIGNA Prime - Seite 2

The Alsterarkaden, at the Jungfernstieg in Hamburg, which is based on the historical designs of Alexis de Chateauneuf for the Hamburg Rathausmarkt, is seen with its corner location to the shopping street "Neuer Wall" as the entry gate to the Hamburg luxury mile. The Alsterarkaden offer office tenants a beautiful view over the Binnenalster and the Rathausmarkt. The retail tenants profit from the tourists which walk along the Jungfernstieg and the Neuer Wall. Tenants include Wempe, Swatch, Douglas, and many more.

The in 1905 constructed, and in 2013 revitalised Kaufmannshaus presents itself in Hamburg with the historical exterior of a Kontorhaus, in the middle of the traditional shopping square of Hamburg (Große Bleichen), and offers high quality retail and office space to tenants. The Kaufmannshaus not only offers excellent gastronomy, but also retail with Marc Cain, Suitsupply, Guess, etc. which invite you to shop. The central location has attracted office tenants like Rent24, shipping company Offen, Norton Rose Fulbright, FCB and Yelp to sign up as tenants.

The commercial building Upper Zeil is being developed in Germany's shopping street with the highest frequency, between Galeria Kaufhof and MyZeil. The impressive glass façade of the building will spread over 45 meters and offer views into and onto the Frankfurt Zeil from all floors. The Upper Zeil is currently still in development, and will prospectively be completed end of 2018. This chance to place themselves at the hot spot of Frankfurt is being used by labels such as Benetton, Reserved, and Vodafone.

The asset Karstadt at the Munich Main Train Station offers unparalleled development potential direct in the heart of Munich, at the Munich Main Train Station. Here, SIGNA Prime will take over the remaining 50% shareholding from RFR. In a central location in Munich, between the Main Train Station and Stachus, the most important shopping street of Munich, will be created. The Schützenstraße will become a prolongation of the Neuhauser Straße, one of the most significant shopping streets in Germany. With the planned renovation of the main train station as well as the extension of the S-Bahn line, the Schützenstraße will only become even more important.