A 20-storey office high-rise is located inside the new Mediaspree urban quarter in the immediate vicinity of the Ostbahnhof railway station and the historic Postbahnhof mail railway terminal building. On a gross lettable area of about 13,500m², the property will provide highly presentable office accommodation that will lend itself to flexible use, supplemented by restaurant units on the ground floor plus car parking spots and storage areas in the basement. The building is scheduled to be completed in the course of 2020. It is expected to obtain a LEED Gold certification.
“The off-market transaction demonstrates that we have the network and know-how it takes to handle large-scale landmark deals in the institutional context. The recently completed effort to reposition our group of companies plausibly continues our strategy of capital-intensive investments,” said Oliver Zimper, Co-CEO, CIO and Managing Partner of NAS Invest.
“The Spreeturm property is to feature a modern fit-out that will permit flexible use options. As it is located in one of the most popular micro-environments, it will fill a major gap in Berlin’s office real estate market. This is a market virtually swept clean while an enormous demand for high-quality office accommodation persists. Against the background of steadily rising prime rents, Spreeturm offers sustainable rental upside potential,” said Nikolai Deus-von Homeyer, Co-CEO, COO and Managing Partner of NAS Invest.