In the face of challenges brought about by the end of the cheap-money era, a 35-story tower has managed to maintain its impressive value, with a recent report revealing it to be worth over €700 million ($760 million) at the end of 2019. The report, prepared by broker Jones Lang LaSalle Inc. in April and seen by Bloomberg News, highlights the tower's remarkable valuation, which is 45 times its rent, a considerable multiple given that multiples in the 20s are now more commonplace.

Despite the economic uncertainty and market fluctuations, this high-rise building has proven to be a robust investment. The tower's ability to retain its value can be attributed to various factors, including its prime location, exceptional amenities, and strong demand in the real estate market.

The tower's location undoubtedly plays a crucial role in its valuation. Situated in a sought-after area, the property benefits from its proximity to key business districts, commercial hubs, and major transportation links. As a result, it has been able to attract a steady stream of tenants, leading to stable rental income and a strong financial performance.

Additionally, the tower's exceptional amenities add value to the property. With a range of state-of-the-art facilities, including modern office spaces, retail outlets, and leisure areas, it offers a comfortable and convenient environment for its occupants. Such features have helped create a favorable reputation for the tower, making it an attractive destination for businesses and individuals alike.

While the tower's valuation stands out, it is essential to note that it defies the current industry norms. In today's market, multiples in the 20s are considered more typical, indicating that this particular building has outperformed expectations, making it a standout investment opportunity for those involved.

As the real estate market continues to experience fluctuations and uncertainties, the remarkable valuation of this tower asserts the resilience and profitability of well-positioned and well-managed properties. Investors and industry experts alike may look to it as an exemplar of success amidst economic turbulence.

Looking ahead, it remains to be seen if this tower's exceptional valuation will serve as a trendsetter for future real estate investments or if it is an isolated case due to unique circumstances. Nonetheless, it stands as a testament to the enduring allure and potential profitability of high-quality properties in strategic locations.

In conclusion, despite the challenges presented by the end of the cheap-money era, the 35-story tower's valuation of over €700 million highlights its impressive performance and lasting value. This remarkable achievement showcases the strength of the investment, driven by factors such as its prime location, exceptional amenities, and strong demand. As the real estate market evolves, this tower serves as a noteworthy example of durability and profitability in an ever-changing economic landscape.