BPT acquires landmark office tower in Berlin-Schöneberg
The German fund of BPT, BPT Hansa Lux SICAV-SIF, has acquired the property in Berlin-Schöneberg in an off-market deal.
The 16-level tower with a modern alucobond-facade is located between Berlin-Schöneberg and Tempelhof. The multifunctional office tower has space to host up to 51 tenants. It has 101 parking spots in a two level underground parking garage and 93 parking spots outside the building. The tower is widely visible and offers the tenants a brilliant view of Berlin.
The property was built in 1998 by HVL Unternehmensgruppe and kept in HVLS’s portfolio. The gross lettable space is approx. 11,000 sqm and is almost fully rented out. The acquisition price is approx. EUR 9 million.
“We have acquired this property in line with the fund’s strategic focus on the commercial core and value-added office market“, says Georg Haider, the German Country Director of BPT. “For the next years several technical and energy-saving investments are being planned which will enhance the building as an attractive business address for current and new tenants, as well as showing attractive returns for our fund investors.”
Investors interested in the fund, please contact:
- Georg Haider, Fund Manager of BPT Hansa Lux SICAV-SIF
Tel: +49 30 20 21 59 87, email@example.com