The European Investment Bank (EIB) has offered a €400M loan to Fraport, Germany’s Frankfurt Airport operator, for the new Terminal 3 project.
Interxion Holding, a provider of cloud and carrier-neutral co-location data centre services, is set to construct its 11th data centre in Frankfurt and expand existing facilities in Paris and Marseille.
Hochtief Building has been awarded a €138M contract to construct an office tower in downtown Frankfurt, Germany.The contract has been awarded by Perella Weinberg Real Estate Fund II and Pecan Development — the project’s developer.The 155m-high tower, named Marienturm, will feature 38 above-grade stories and three below-grade levels, with a gross floor area of 70,000sq m.The plinth levels up to the fifth floor are expected to include a lunch restaurant, a coffee bar, a gym, a child day care centre and conference areas. The project is aimed to achieve LEED Platinum certification.Holger Neumann, head of Hochtief Building’s Frankfurt branch, said: “We are delighted to have won the contract to plan and construct the Marienturm. Hochtief has once again lived up to its reputation as a high-rise specialist.”The project is scheduled to be completed by the end of 2018.