This 6-floor office-, and residential building is located in the excellent and exclusive location of the government quarter, only a few meters from Friedrichsstraße, the well-known boulevard Unter den Linden and Gendarmenmarkt. This sustainable office location sees an increase in value by current additional developments in its direct neighbourhood. The connectivity to public transportation is excellent.
The asset was acquired in mid-2011, and after a 5-year holding period, sold to a German family office. Since the acquisition more than 3,500 sqm were successfully leased or extended. At the time of the sale, the occupancy rate was at 100%.