Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Commerz Real to Buy Assets of Fund to Avoid Its Liquidation

Commerz Real AG plans to buy the main asset of a fund it created to purchase the former headquarters of Deutsche Boerse AG, operator of the Frankfurt exchange, after failing to find a new tenant for the building.

The German property manager announced the plan in an invitation to a July 19 shareholder meeting, at which investors will vote on the proposal. Commerz Real needs to acquire the assets of CFB-Fonds 130 Deutsche Boerse to prevent the fund from filing for insolvency by July 23, according to the invitation. The assets are valued at about 45 million euros ($55 million).

Commerz Real needs to win 75 percent of the votes cast at the meeting to proceed with its plan.

Deutsche Boerse’s rental contract ended in April 2011, according to the invitation. Commerz Real is in talks with a company that may rent about half of the space, though this probably won’t generate any income before 2015.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.