Gallileo

Strategically located in the Banking District of Frankfurt’s CBD, Gallileo is a 38-storey Grade A commercial building with ancillary retail and a 4-storey heritage building for office use. The property has easy access to a U-Bahn station at Willy-Brandt Platz, the Frankfurt Main Railway station, Frankfurt airport and Messe Frankfurt, one of the world’s largest trade fair venues. It is also in close proximity to the Frankfurt Opera House. Gallileo started asset enhancement works from February 2024 and is expected to complete progressively in 2H 2025. The committed leases are expiring in 2030 and beyond.

PROPERTY INFORMATION
All information as at 31 December 2024 unless otherwise stated.
Address
Gallusanlage 7/Neckarstrasse 5, 60329
Frankfurt am Main, Germany
Land Tenure
Freehold
Joint Venture Partners’ Interests
CICT: 94.9%
CapitaLand: 5.1%
Number of Tenants
3
NLA (SQ FT)
442,100
Year Of Purchase
2018
Agreed property value (EUR million)
356.0
Valuation (S$ million)
383.2 1
Valuation (EUR million)
270.9
Carpark Lots
43
Bicycle Lots
32
1
Based on an exchange rate of EUR1 to S$1.465 as at 31 December 2023 and EUR1 to S$1.415 as at 31 December 2024.