2019 already best year since records began
Investment market | Berlin | 2019 | Q 1-3 |
Transaction volume [€ millions] | 8,160 |
against prior yr [%] | +99 |
Share of trading in CBD [%] | 25 |
Proportion of international investors [%] | 48 |
Prime net yield, office [%] | 2.9 |
against prior yr [percentage points] | -0.1 |
Prime net yield, commercial buildings [%] | 2.9 |
against prior yr [percentage points] | ±0 |
Prime net yield, logistics properties [%] | 4.2 |
against prior yr [percentage points] | -0.2 |
Strongest asset class | Offices |
Strongest asset class [%] | 68 |
Project/property Street no. |
Sub-market | Asset class | Buyer/investor | Vendor |
Purchase price* [approx. €m] |
„Oberbaum-City”, Rotherstraße | Friedrichshain | Offices | Blackstone Group | UniCredit (HVB) | 475 |
„Pressehaus am Alexanderplatz / New Podium“, Karl-Liebknecht-Straße 27-29 |
Mitte | Offices | GEG German Real Estate Group | Tishman Speyer | 365 |
„Zoom”, Joachimsthaler Straße 4 |
Ku’damm plus side roads | Mixed Use | Bayerische Versorgungskammer BVK | Hines Immobilien | 265 |
„The West Light Berlin”, Budapester Straße 35 | Ku’damm plus side roads | Offices | Generali Deutschland Immobilien | Barings | 200 |
„Carrée Seestraße / Osram-Höfe“, Seestraße 64 | Peripherie North | Offices | Cording Real Estate Group | Deutsche Real Estate | 225 |
„East-Side-Tower“, Tamara-Danz-Straße 1 |
Friedrichshain | Offices | Bayerische Versorgungskammer BVK and Allianz Real Estate | Edge Technologies | confidential |
* The purchase prices stated are based on publicly available data, where none is available an estimate is made; new transactions or those occurring in the quarter dealt with in this report are highlighted. |
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