Scheduled for completion in 2024, T1 is part of the landmark development FOUR Frankfurt, a high rise quarter project set to transform the central banking district site into a lively urban, mixed use precinct. The office tower, the tallest of four in the development, will comprise 55 floors (including a mezzanine floor) and almost 108,000 square meters (GFA) of mixed use office, retail and amenity space including restaurants, gym, kindergarten as well as provision for bicycles and car parking.
Alexander Oswatitsch, Head of European Real Estate Debt for DWS said: “We are thrilled to play a role in the ‘FOUR Frankfurt’ development, one of the most attractive development sites in Germany.” He added: “This transaction reinforces our ability to provide competitive financing solutions, and highlights our attractiveness as a real estate debt partner.”
Based in Frankfurt, Alexander Oswatitsch was internally promoted to head DWS’s European real estate debt platform in January, the team was further strengthened with the addition of David Ruiz, a Director based in London in April.
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DWS - Real Estate
DWS’s real estate investment business has been investing in real estate assets for more than 45 years. As part of the Alternatives platform, the real estate business has more than 450 employees around the world and EUR 50.4 billion in assets under management as of March 31, 2019, and offers a diverse range of strategies and solutions across the risk/return and geographic spectrums, including core and value-added real estate, real estate securities, real estate debt and opportunistic real estate. The real estate investment business employs a disciplined investment approach and aims to deliver attractive long-term risk adjusted returns, preservation of capital and diversification to its investors, which include governments, corporations, insurance companies, endowments, retirement plans, and private clients worldwide.
About DWS Group
DWS Group (DWS) is one of the world's leading asset managers with EUR 704bn of assets under management (as of 31 March 2019). Building on more than 60 years of experience and a reputation for excellence in Germany and across Europe, DWS has come to be recognized by clients globally as a trusted source for integrated investment solutions, stability and innovation across a full spectrum of investment disciplines.
We offer individuals and institutions access to our strong investment capabilities across all major asset classes and solutions aligned to growth trends. Our diverse expertise in Active, Passive and Alternatives asset management – as well as our deep environmental, social and governance focus – complement each other when creating targeted solutions for our clients. Our expertise and on-the-ground-knowledge of our economists, research analysts and investment professionals are brought together in one consistent global CIO View, which guides our strategic investment approach.
DWS wants to innovate and shape the future of investing: with approximately 3,600 employees in offices all over the world, we are local while being one global team.