From 1 January 2027, the IC Immobilien Group will be responsible for the technical, commercial and accounting aspects of property management for the Palais Quartier in Frankfurt city centre. This is a complex managed by the DWS Asset Management Group, situated at Thurn-und-Taxis-Platz 2 and Große Eschenheimer Straße 10. It comprises the Nextower office tower, the 5-star JW Marriott Hotel and the historic Thurn & Taxis Palais, as well as an underground car park. The lettable area totals just under 70,000 m².
This prestigious development is situated in a prime central city-centre location, right next to Frankfurt’s Hauptwache and the popular MyZeil shopping centre, making it one of the largest property complexes in the heart of the Main metropolis. The complex was completed in 2011 based on designs by KSP Engel and Zimmermann Architekten. The historic site, characterised by the old main post office, had been known as the ‘Post-Areal’ in previous decades and was eventually sold by Deutsche Telekom.
This is not the first time the IC Immobilien Group has worked with the Deutsche Asset Management Group. IC Immobilien has been managing the Marienturm at Taunusanlage 9–10 in Frankfurt on behalf of DWS since 2019. The appointment to manage the Palais Quartier therefore marks a further expansion of this existing, successful business relationship.
“With the Palais Quartier, we are taking on the management of one of the most prominent large-scale property complexes in the very heart of Frankfurt. This versatile property places high demands on professional and holistic property management, which we are able to meet thanks to our experience and expertise. We are particularly pleased that DWS has once again placed its trust in us following our long-standing collaboration on the Marienturm,” explains Tarek Abu El-Ez, Branch Manager for Property Management in Frankfurt at the IC Immobilien Group.
