DIC Asset buys Berlin office project for €90m

DIC Asset buys Berlin office project for €90m

Published at: 2018-12-18 10:30 | Author: CIJEurope.com
DIC Asset AG has acquired a Berlin office project from Casada GmbH for €90m. Going up in the city’s Halensee sub-district, close to Kurfurstendamm, the scheme will offer approximately 16,000 sqm of leasable space on eight floors once completed in early 2021. “This new construction project will optimally complement our proprietary portfolio in regard to the economically significant location of Berlin and the quality of the property itself. It will sustainably bolster the operating performance indicators and our portfolio mix,” said Sonja Warntges, CEO of DIC Asset.

Similar Stories:

DPD CZ is the new tenant in the Nad Petruskou Administrative Villa
Svoboda & Williams has mediated the lease of 1,143 sq. m. of office space to the Czech  »
Wood & Co. acquires BBC5 in Bratislava from Heitman
Wood & Company has acquired the BBC5 office building on in Bratislava from Heitman Rea  »
Colonna buy former bank headquarters in Riga
Colonna Capital has purchased the former headquarters of the Parex Bank in central Riga. T  »
Futureal Group hands over first phase of Advance Tower in Budapest
The final group of tenants have moved into the first phase of Advance Tower, Futureal Grou  »
The building, expected to be the last at the 125,000 sqm business park, has been 90 percen   »
on behalf of a separate account for a German pension scheme, administered by Institutional   »
Czech Republic  ♦  100 Towers lands Táborská 31
The growing collection of Czech domestic investors that’s become such a force on the loc   »
Romania’s tallest building, the 137m Sky Tower in Bucharest, is to be surpassed next yea   »