Rockstone Real Estate has purchased an office building in the Ulmenstraße 22 in Frankfurt’s Westend district. The fully let property offers 2,000 sqm rentable area, which is divided into 1,900 sqm office space and 300 sqm ancillary space. The acquisition was financed via the Hamburg Commercial Bank.
"The object has a high potential to gain in value, which we will raise in the medium term" reports Rockstone founder Dietrich E. Rogge. In addition to modernization the company is also considering a conversion of the 1988 building or even its demolition and new construction.