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8 October 2015

BERLIN’S ‘SHELL-HAUS’ IS SOLD

Orion European Real Estate Fund IV, C.V., which is sponsored by Orion Capital Managers has sold the Shell-Haus, Reichpietschufer 60 in Berlin to Triuva Kapitalverwaltungsgesellschaft mbH, at a price of around EUR 80 million. The office building, with its total lettable area of 18,400 sqm, is subject to a long-term lease contract with the Federal Ministry of Defence.

JLL acted as the exclusive advisor and agent of the seller in this transaction. The legal advisor to the seller was King & Spalding.

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