• Financing

REVITALIS Financing of Project Development of Westside Towers Frankfurt

The Company

REVITALIS Real Estate GmbH develops and revitalises sophisticated, large-volume real estate projects throughout Germany. In particular, the company develops sophisticated real estate projects with long-term horizons in partnership for utility plants, insurance companies, pension funds, investment funds, asset managers, family offices and foundations. The services of REVITALIS range from project planning to the purchase of properties and the revitalisation of existing properties, as well as the creation of building rights to the leasing and sale of the developed projects.

The Transaction

Revitalis Real Estate AG as project developer and Vivum GmbH as capital partner will construct a 19-storey residential building with approx. 230 residential units and approx. 900 sqm of commercial space in Frankfurt by 2015 (project "Westside Towers") - the project volume is approx. EUR 65 million. ARGONAS advised Revitalis Real Estate AG on the identification of a suitable capital partner and on the implementation of the financing agreements.

Scope of Mandate

ARGONAS acted as the company's exclusive financial advisor and has fully advised and supported the company in all aspects of the preparation and implementation of the process.