19 January 2007 - International law firm Mayer, Brown, Rowe & Maw LLP has advised ING Real Estate Investment Management Europe BV (ING) on their biggest real estate transaction in Germany to date. ING acquired the landmark high-rise towers WestendDuo, located in the Bockenheimer Landstrasse 24 in Frankfurt am Main, from HOCHTIEF Group. The transaction was led by corporate and M&A partner Dr Klaus J Müller and real estate partner Christoph M Tegel.
The high-rise towers are located on the estate of the former HOCHTIEF headquarters. The WestendDuo comprises approximately 32,700 sq m of space,mainly for office use. ING paid a purchase price of over EUR 240 million. Tenants include law firm Hengeler Mueller, Henderson GLobal Investors and Vapiano AG.
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