RC1 BERLIN
PROPERTY FOCUS
Asset Repositioning Repositioning
ASSET CLASS
Office, Retail
STATUS
Ongoing Construction
LOCATION
Berlin
JV PARTNER
Angelo Gordon
GROSS LETTABLE AREA
24,000 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 2026 as core investment product with a long-term and highly diversified income stream.