SOURCE: GLL Real Estate Partners

May 17, 2011 11:52 ET

BNY Mellon to Become a Tenant of the MesseTurm Frankfurt

FRANKFURT, GERMANY--(Marketwire - May 17, 2011) - BNY Mellon, the global leader in investment management and investment servicing, has confirmed that it will move into the MesseTurm Frankfurt in autumn of this year.

"In the context of our global growth strategy, Germany is one of five core markets that we have identified. Our move to these new offices at the MesseTurm, bringing together all our staff in Frankfurt in one location, is an important step in implementing those growth plans here in Germany," said Fred Bromberg, Country Executive Germany at BNY Mellon. He added: "The MesseTurm is clearly among the most renowned landmark buildings here in this leading European financial centre."

BNY Mellon will occupy an area of approximately 7,000 sqm spread over six floors, the MesseTurm head of renting and marketing Heike Beyer confirms. "We are proud to welcome as a new tenant a financial services company as rich in tradition as BNY Mellon. This new contract is indicative of the excellent reputation the MesseTurm enjoys not only across Germany, but also abroad," Beyer adds. "Apart from key criteria such as excellent location, flexible floor design and premium services makes it a highly attractive choice for tenants from abroad."

Another reason for being proud to have won BNY Mellon as a new tenant of the MesseTurm is related to its architecture. "No other skyscraper in Europe is as closely connected with the Art-Deco architecture of the 1920s and 1930s as the Frankfurt MesseTurm, the most famous examples of this epoch being the Empire State Building and the Chrysler Building in New York."

The 63 floors of the MesseTurm offer a total of almost 62,000 sqm of office space, providing room for 3,500 state-of-the-art working units. Every floor comprises some 1,200 sqm of space that can be used as single, combined or open-plan offices. Boasting 257 meters in height, the MesseTurm houses Germany's highest offices.

The lease contract was advised and mediated by Jones Lang LaSalle.

Notes to editors:

BNY Mellon has been serving clients in Germany since 1931. The company opened its first office in Frankfurt in 1972. Following its acquisition in August 2010 of BHF Asset Servicing and Frankfurter Service KAG, the company now has more than 550 employees in Germany. In addition to asset servicing, depotbanking, fund administration and asset management, BNY Mellon is active in Germany in the areas of corporate trust, treasury services, depository receipts and client management. It has over 200 institutional relationships in Germany, including more than 20 DAX-listed corporations, and offers regional coverage for 14 countries in the German speaking and Central Eastern and South Eastern European region.

BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 36 countries and serving more than 100 markets. BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, offering superior investment management and investment services through a worldwide client focused team. It has $25.5 trillion in assets under custody and administration and $1.2 trillion in assets under management, services $11.9 trillion in outstanding debt and processes global payments averaging $1.7 trillion per day. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK).

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