The right "SPIN" with Luther

Frankfurt am Main - Five professional pension funds acquire the hotel and office tower "THE SPIN" in Frankfurt city centre from Groß & Partner Grundstücksentwicklungsgesellschaft mbH. A team from Luther Rechtsanwaltsgesellschaft provided legal and tax advice to the buyers.


The project site, which is located directly on the Güterplatz in Frankfurt's city centre, will house a 32-storey hotel and office building with direct underground connections, including a "NH Collection" hotel. The 128m high building was designed by the renowned German-Iranian architect Hadi Teherani and is scheduled for completion in mid 2022.

The forward deal is a real estate project of various nationwide investing pension funds: The Ärzteversorgungen Niedersachsen, Sachsen-Anhalt and Mecklenburg-Vorpommern as well as the Tierärzteversorgung and Steuerberaterversorgung Niedersachsen.

For the pension funds:

Luther, Real Estate: Dr Thomas Gohrke (Partner, Hanover/Leipzig, lead), Patrick Gocht, David Anders, Christopher Riehn, Dominik Oesch (all Leipzig)

Luther, M&A/Corporate: Dr Thomas Halberkamp (Partner), Dr Daniel Schubmann (both Hanover)

Luther, Tax: Jens Röhrbein (Partner, Hanover), Steffen Blumert (Leipzig)

For Groß & Partner Grundstücksentwicklungsgesellschaft mbH:

Hogan Lovells International LLP: Dr Dirk Debald (lead)