Strategic View: Branicks exited a majority stake in the Kaiserlei office complex on Frankfurt’s edge to a Select Alternative Investments-led club, using pooled equity to unlock liquidity in a cautious German office market.
Full story: Branicks sold its majority stake in the Kaiserlei complex at Berliner Straße 300a/b in Offenbach, directly adjacent to Frankfurt, to an investor group led by Select Alternative Investments via a club deal, with price undisclosed. The transaction closed despite a challenging German office backdrop.
The club deal structure allowed several investors to pool equity and absorb a sizeable metropolitan office exposure without over-concentrating risk on one balance sheet. For Branicks, the sale crystallizes liquidity and balance sheet relief while signaling that institutional buyers still engage selectively in core-plus locations.
Strategically, the asset’s border location between Offenbach and Frankfurt positions it for repositioning, leasing optimization, or long-term income, depending on the club’s agreed business plan. The consortium* format offers flexibility to align differing risk-return appetites under a shared governance framework.
Consortium*: a group of investors combining capital and expertise for a specific transaction.
Summary: The Kaiserlei club deal shows pooled equity still finds value in German offices where micro-location and asset potential justify complex capital structures and active asset management.
Source: Branicks Group AG news release.
