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.

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