Frankfurt: pbb provides Eden residential tower with €110mn financing
pbb is providing the Belgian project developer Immobel with €110mn in financing for the construction of the Eden tower in Frankfurt’s Europaviertel residential and commercial quarter. Earlier information puts the total investment volume at around €150mn. This is the second building in the quarter to be financed by pbb, after the office and hotel tower “The Spin”. The 98 m high, 27-story Eden tower will hold 263 condominiums with a total of around 15,000 sqm of living space. Completion is expected by the end of 2021.
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