Gallileo
Gallileo is a 38-storey Grade A commercial building with ancillary retail and a 4-storey heritage building for office use. It is strategically located in the Banking District of Frankfurt's CBD.
PROPERTY INFORMATION
All information as at 31 December 2019 unless otherwise stated.
Address
Gallusanlage 7/Neckarstrasse 5, 60329
Frankfurt am Main, Germany
Frankfurt am Main, Germany
Land Tenure
Freehold
Joint Venture Partners’ Interests
CICT: 94.9%
CapitaLand: 5.1%
CapitaLand: 5.1%
Number of Tenants
7
NLA (SQ FT)
436,175
Year Of Purchase
2018
Purchase price / Agreed property value (EUR million)
356.0
Valuation as at 30 June 2020 (S$ million)
534.3(1) (proportionate value of the 94.9% interest held by CICT
Carpark Lots
43
Bicycle Lots
-
Top 3 Tenants By Gross Rental Income
- Commerzbank AG
- Naseem Hasan Chaudhary
- Main Mobility GmbH
Awards
LEED Platinum
(
1
)
The conversion rate used for the 30 June 2020 valuations was EUR1 = S$1.54
