QUEST Investment Partners has sold the mixed-use property "Echt Wedding" at Mullerstraße 151 in Berlin’s Mitte district as part of a share deal to a private investor. The property comprises over 7,000m² of rental space and dates back to around 1900. It was acquired by QUEST in the spring of 2020. The six-storey property features a prestigious red brick facade with white bay windows and balconies. The parties agreed not to disclose the purchase price.
“This well-preserved multi-tenant building is located on the main shopping street in Berlin-Wedding – a neighbourhood in the district of Berlin Mitte – and offers great upside potential", said Luis Walther-Kraft, Head of Transactions & Partnering at QUEST Investment Partners. Its popular location next to Leopoldplatz offers excellent local public transport connections as well as an abundance of cafés and restaurants.
