On behalf of the Allianz Group, Allianz Real Estate Germany has acquired Friedrichstraße 200, an office and retail asset in Berlin. The seller is a direct subsidiary of Tishman Speyer.
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The property contains about 18,500 m² of office space and some 1,600 m² of retail space.
The property is located in a prime office and retail location in the historic center of Berlin, close to the former Checkpoint Charlie. It contains about 18,500 m² of office space as well as some 1,600 m² of retail space.
After acquiring the asset in 2006, Tishman Speyer increased the occupancy of the building from approx. 70% to 99%. The asset is let to top tenants such as the energy company GDF SUEZ Energie Deutschland GmbH and Software company Magix.
"We are pleased to announce this exciting addition to our real estate portfolio in Germany," says Stefan Brendgen, CEO of Allianz Real Estate Germany. "F 200´s location in a very important historic place in Berlin, its high quality and excellent tenancy is fully in line with Allianz Group´s investment criteria."
Allianz was advised by Linklaters LLP, whereas Tishman Speyer was advised by White & Case. CB Richard Ellis acted as the broker of the transaction.
Source: Allianz Real Estate GmbH
After acquiring the asset in 2006, Tishman Speyer increased the occupancy of the building from approx. 70% to 99%. The asset is let to top tenants such as the energy company GDF SUEZ Energie Deutschland GmbH and Software company Magix.
"We are pleased to announce this exciting addition to our real estate portfolio in Germany," says Stefan Brendgen, CEO of Allianz Real Estate Germany. "F 200´s location in a very important historic place in Berlin, its high quality and excellent tenancy is fully in line with Allianz Group´s investment criteria."
Allianz was advised by Linklaters LLP, whereas Tishman Speyer was advised by White & Case. CB Richard Ellis acted as the broker of the transaction.
Source: Allianz Real Estate GmbH
