Works begin on CA Immo's €300m Upbeat office tower in Berlin (DE)

Works begin on CA Immo's €300m Upbeat office tower in Berlin (DE)

Works began on the CA Immo's Upbeat office tower project in Berlin. The Governing Mayor of Berlin, Kai Wegner, members of the Bundestag and the Berlin House of Representatives as well as representatives of the investor and project developer CA Immo and the future exclusive tenant Deutsche Kreditbank AG (DKB) all attended the ceremonial laying of the foundation stone.


The building complex will have around 35,000 m² of rental space. CA Immo is developing a high-quality office tower in close cooperation with DKB as a consistently sustainable and fully digitalised property. CA Immo's total investment amounts to c. €300m. Kleihues + Kleihues are the architects for the project. Construction of the complex is scheduled for completion at the turn of 2025/2026.


During the development of the Upbeat, high priority was given to the health and well-being of the tenants. Among other things, the concept provides for the highest standards in ventilation systems and air hygiene. Accordingly, CA Immo will seek WELL Core Gold certification for the building.


In terms of energy, too, high sustainability criteria are being observed in the realisation of the Upbeat. As with all CA Immo project developments, the GEG reference values for primary energy requirements will be significantly undercut. To this end, CA Immo is developing, among other things, a future-oriented energy concept in which both renewable energy sources and innovative energy systems are used. Certification by the German Sustainable Building Council (DGNB) in at least gold is being sought. In addition, the building will have excellent, fail-safe connectivity. For this, Upbeat has already been awarded the international WiredScore platinum certificate.

The Governing Mayor of Berlin, Kai Wegner: "I am very pleased to be able to be present at the laying of the foundation stone for the Upbeat. The Upbeat forms the northern entrance to Europacity - one of the most exciting new quarters in our city. In the near future, a modern business district with international appeal will be established here. The Upbeat is a real flagship. In close cooperation with the state of Berlin, the developer CA Immo has not only decisively advanced the office building, but also the planning beyond it in the Europacity."

Keegan Viscius, CEO of CA Immo: "Today's laying of the foundation stone for the Upbeat shows that the office will continue to play an essential role for companies and their employees in the future. The office will remain the central place for collaboration, communication and knowledge transfer. We are therefore very pleased to have won DKB, a modern, strongly future-oriented company, as a tenant. Together with DKB, we are implementing an equally innovative and sustainable building and space concept with Upbeat. The Upbeat is already our tenth building in the Europacity. Berlin is one of the most attractive real estate markets in Germany and our early strategic focus on this market has once again proven to be correct with the conclusion of the 15-year lease for this building. With completion at the turn of 2025/2026, the Upbeat will make a significant contribution to our rental income and also further improve our key figures - e.g. FFO 1 - significantly."

Stefan Unterlandstattner, CEO of DKB: "For DKB, the city of Berlin is and will continue to be the pulsating heart and engine of our entrepreneurial drive. With the DKB Campus, we are ushering in a new era for the future of one of the capital's largest employers and, with this decision, are committing ourselves to the regional business location. The symbiosis between state-of-the-art working environments and the high sustainable efficiency of the building symbolises our claim to combine digital excellence with our pioneering role as the most sustainable bank among the top 20 in Germany in one physical hub. Our employees can look forward to a new headquarters that promotes the further development of our corporate culture and enables new forms of joint encounters."


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