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

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 2025 as core investment product with a long-term and highly diversified income stream.