On its completion in 2023, the building will be one of the most hi-tech in Berlin. The acquisition is the first equity deal in which Allianz Real Estate has acquired and will manage an asset on behalf of a joint venture including a third-party institutional investor wishing to invest alongside Allianz.
|Asset name||EDGE East Side Berlin|
|Investment structure||Joint Venture (Development)|
|Sustainability||The 35-storey landmark office building will offer the highest environmental rating throughout its 65,000 sqm of lettable space and deply smart technology with user wellbeing in the focus.|
|Investment||EUR 328 million|