Clifford Chance has advised Commerzbank Aktiengesellschaft on the sale of the office building "Vitreum" to South Korean investor Hana Financial Investment. The office building is located in Eschborn near Frankfurt am Main. United Partners (Korea) and Hines acted as investment manager for the buyer in the so-called sale-and-lease-back transaction.

The building at Helfmann-Park 5 was constructed in 2004 and has approx. 36,200 square meters of office rental space. The building used to be the headquarters of EUROHYPO AG; the sale and simultaneous conclusion of a lease agreement makes Commerzbank the long-term tenant of the property.

The Clifford Chance team consisted of Partner Christian Keilich, Counsel Dennis Blechinger, Senior Associate Jörg Reinshagen, Transaction Lawyer Magda Pawela-Häusler (all Real Estate, Frankfurt), Partner Thorsten Sauerhering, Counsel Dominik Engl (both Tax, Frankfurt) and Partner Marc Besen and Counsel Dimitri Slobodenjuk (both Antitrust, Düsseldorf).