ABG Real Estate Group, in cooperation with its joint venture partner Felix Gadeke, has sold the “VoltAir” office complex in Berlin’s Mitte district to a joint investment vehicle of Swiss Life Asset Managers and Norges Bank Investment Management. The purchase price amounts to approximately €457m.
Ulrich Holler, Managing Partner at ABG Real Estate Group, said: “The sale of this outstanding landmark property in the challenging current market environment is testament to VoltAir’s top quality in terms of architecture, equipment, structure and sustainability – strong arguments in convincing first-class investment houses.”
