Commerz Real unveils €226.5m plans for student resi complex in Frankfurt

Commerz Real capital-management company (Kapitalverwaltungsgesellschaft, KVG) has acquired an existing student residence with 244 units from the private business university Frankfurt School of Finance & Management and will take it over as of January 2nd, 2020. It is planned, however, to demolish this building at the beginning of 2021 on…