BERLIN, –Westinvest Gesellschaft für Investmentfonds mbH has acquired the office building at Schellingstrasse 1 in Berlin. The office building was completed in 1999 and has a total lettable area of approx. 18,500 sqm.
The purchase price was approximately EUR 85 million.
The seller is a subsidiary of Orion European Real Estate Fund IV, C.V., which is sponsored by Orion Capital Managers
JLL acted as exclusive advisor for the Seller in this transaction. Legal advisor to the Seller was King & Spalding. Legal advisor to the purchaser was GSK Stockmann + Kollegen.
