Hamburg

<p><span style="background-color:transparent;color:inherit;font-family:inherit;font-size:inherit;text-align:inherit;text-transform:inherit;white-space:inherit;word-spacing:normal;caret-color:auto;"></span><span style="background-color:transparent;color:inherit;font-family:inherit;font-size:inherit;text-align:inherit;text-transform:inherit;white-space:inherit;word-spacing:normal;caret-color:auto;">The Deutsche Presse Agentur writes about the Grand Tower and the EDEN in Frankfurt's Europaviertel in the article "Luxury residential towers attract rich customers". In it, Jennifer Panten, Senior Key Account Manager at JLL, is also quoted: "In the nervous real estate market, high-end residential space is one of the few segments that still works at the moment, says Panten. For example, he said, Eden Tower, which is scheduled for completion in spring 2023, is more than 80 percent marketed, including three penthouse apartments."</span></p><p>The article has appeared in a total of 60 regional and national media distributed throughout the Republic, including the Frankfurter Allgemeine Zeitung, S&uuml;ddeutsche Zeitung or even the Berliner Zeitung and Frankfurter Rundschau. Click here for the article: <a href="https://www.sueddeutsche.de/wirtschaft/immobilien-luxus-wohntuerme-ziehen-reiche-kunden-an-dpa.urn-newsml-dpa-com-20090101-221101-99-336972">https://www.sueddeutsche.de/wirtschaft/immobilien-luxus-wohntuerme-ziehen-reiche-kunden-an-dpa.urn-newsml-dpa-com-20090101-221101-99-336972</a></p>

High-quality residential property still works in the crisis

The Deutsche Presse Agentur writes about the Grand Tower and the EDEN in Frankfurt's Europaviertel in the article "Luxury residential towers attract rich customers".

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<h3>24 condominiums in Embassy sold to
private investor<o:p></o:p></h3><p>&nbsp;</p><p>JLL Residential Development has sold an entire section of the six-building Embassy residential scheme in Berlin-Mitte to a private investor. The section comprises a total of 24 apartments and has been sold for &euro;12 million. Embassy is being developed by Adam Europe and comprises 133 residential units, which are generally being marketed as individual condominiums. Embassy is located in Berlin-Mitte&rsquo;s diplomatic quarter, next to K&ouml;llnischer Park and close to numerous embassies. The property&rsquo;s condominiums will be ready for occupancy in spring 2021.</p><p>Helen Lindner, Head of Residential Development Germany, says: &ldquo;This is the largest deal in JLL Residential Development&rsquo;s history. We couldn&rsquo;t have done it without our strong international network. What&rsquo;s more, this deal sends out a particularly positive signal in these troubled times: residential assets are still in high demand, even in the midst of the Covd-19 pandemic.&rdquo;</p><p>Karina Gutman, COO Adam Europe, says: &ldquo;The decision to appoint JLL to provide sales and marketing services was definitely the right one. The sale of the building section is a milestone in the project&rsquo;s history. The successful completion of the project is now within touching distance.&rdquo;</p><h3><b>About Adam Europe</b></h3><p>Adam Europe Real Estate Investment, part of Adam America Real Estate Group, is an owner, developer and manager of real estate projects in Europe. Its portfolio includes residential projects as well as office, commercial and mixed-use properties. In Germany, the company has already completed projects in Frankfurt a. M. and Berlin, including Mulberry Yards in Berlin, 117 apartments near Kurf&uuml;rstendamm.<br /></p><h3><b>About JLL Residential Development </b></h3><p>JLL Residential Development Germany is part of the JLL Group, a global real estate services, consulting and investment management company. The JLL Residential Development team specializes in advising German and international clients on the purchase of premium condominiums in Germany&rsquo;s most exciting cities. JLL Residential Development also advises project developers on the design, implementation and global marketing of their new residential developments. JLL&rsquo;s industry-leading network and decades of market experience enable JLL Residential Development Germany to provide complete support from a single source.<b></b><b style="background-color:transparent;color:inherit;font-family:inherit;font-size:inherit;text-align:inherit;text-transform:inherit;white-space:inherit;word-spacing:normal;caret-color:auto;"><span lang="EN-US"><font size="-1"></font></span></b></p><h3><b>Contact:</b></h3><p>Jasmin Wagner, JLL Residential Development<br />jasmin.wagner@eu.jll.com<br />+49 30 203980 723</p>

Largest deal in JLL Residential Development’s history

JLL Residential Development has sold an entire section of the six-building Embassy residential scheme in Berlin-Mitte to a private investor. The section comprises a total of 24 apartments and has been sold for &euro;12 million.

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<p><strong>PRIVACY NOTICE</strong></p><p>Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.</p><p>Generally the personal information we collect from you are for the purposes of dealing with your enquiry.</p><p>We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our&nbsp;<a href="https://www.jll.co.uk/en/privacy-statement" target="_blank">privacy statement</a>.</p>

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