Joint venture with Field Point IV S.a.r.l
|
Portfolios |
Serail |
|
Total investment |
approx. 55 million |
|
Investment CRE AG |
5,4% |
|
Key figures* |
Total rental space:: 71,717 m² |
|
Description* |
This joint venture comprising 4 properties in Berlin was established in December 2007. The commercial properties owned by the joint venture were formerly owned by the Berlin mass transit authority Berliner Verkehrsbetriebe. The joint venture’s strategy with regard to its properties is one of capital appreciation through follow-on leasing and new tenant acquisition and through new placements after renovation. The joint venture’s exit strategy involves the sale of individual properties. |
* This information is related to the date of aquisition.
