A GSK Stockmann team led by partners Oliver Moufang and Felix Bergfort advised Deka over several years on the reorganisation of its locations in the German banking metropolis Frankfurt am Main. The firm’s comprehensive advice covered aspects of tenancy and construction law as well as the law on contracts for work and services.

Deka’s future concept centred on the leasing of a new building in Frankfurt’s Niederrad district with an area of approx. 50,000 sqm and the leasing of approx. 16,000 sqm of space in the T1 tower in the FOUR skyscraper project in Frankfurt’s banking district.

In parallel with these two new leases, Deka, with support from GSK Stockmann, terminated the leases for its previous headquarters after many years of use. These include the Prisma property at Hahnstrasse 55 in Frankfurt-Niederrad (approx. 36,000 sqm of rental space), the Skyper building at Taunusanlage 1 (approx. 10,000 sqm of rental space) and offices in Frankfurt’s Trianon skyscraper on Mainzer Landstrasse (approx. 31,000 sqm of rental space).

Now that G&P has handed over the final sections of the FOUR property to Deka and the Trianon building has been fully vacated, the project is now essentially complete.

Advisers of Deka at GSK Stockmann:

Prof. Dr Oliver Moufang (lead, construction law/contracts for work and services), Felix Bergfort (lead, tenancy law), Dominika Sewerin, Pascal Zepezauer, Philipp Bauder, Karolin Streser, Caroline Nebe