Project Description

RC1 BERLIN
PROPERTY FOCUS
Asset Repositioning Repositioning
ASSET CLASS
Office, Retail
STATUS
In Planning, Ongoing Management
LOCATION
Berlin
JV PARTNER
Angelo Gordon
GROSS LETTABLE AREA
20,000 sqm
Retail conversion into a local work & life hotspot.
O
ngoing repositioning of the former Ring-Center 1 in Berlin Friedrichshain. Exploiting on the excellent residential and urban infrastructure with direct rail and underground access at Frankfurter Allee.
In operation-conversion of the upper floors into office and complementing daily needs offer with medical and healthcare tenants in order to create a vibrant, future-proof urban hotspot.
To be completed in 2024 as core investment product with a long-term and highly diversified income stream.






