OVG Real Estate purchases land parcel at Berlin Central Station and starts third Berlin project (DE)

OVG Real Estate acquired a land parcel northwest of the Berlin Central Station from HG Immobilien. The property is located in the Invaliden Strasse at the corner of Clara Jaschke Strasse. With the purchase the 5,157 m² parcel was divided into two building sites, whereby OVG Real Estate assumed the western building plot MK1, totalling 2,672 m². The eastern plot is still owned by HG Immobilien.
Martin Rodeck, managing director of OVG Real Estate: “The purchase of this land parcel is part of our Berlin expansion strategy after we deliver our building at HumboldtHafenEins to PwC in spring and start with the construction of our joint venture project M_Eins at O2 World. There has been an incredible increase in demand for a new office location near the Central Station where we will again invest.”
OVG Real Estate plans to realize an office building with some 22,000 m² of gross floor space on its part of the land immediately adjacent to the Central Station.
Source: OVG

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