In the joint venture with the ABG Group, Munich/Cologne, the plot Taunusanlage 1, containing a listed building, was purchased from the former construction company Philipp Holzmann in 2001.

The asset was sold on in the same year. A contractor agreement was concluded with the purchaser to renovate the existing property and build a tower block with around 48,000 sqm of office space. This was implemented in 2002 to 2004.

With 39 storeys and a total height of 154 meters, the quarter-circle silhouette of Skyper is a major feature of the Frankfurt skyline.

* BayernImmo 2011