Zaphir Asset Management has sold the modern office and commercial complex in Berlin-Mitte Zimmerstraße / Schützenstraße to Dream Global REIT

Zaphir Asset Management has sold the modern office and commercial complex in Berlin-Mitte Zimmerstraße / Schützenstraße to Dream Global REIT

Zaphir Asset Management has sold an office and commercial complex in Berlin to Dream Global REIT. Financial details have not been disclosed.

Zimmerstraße 56 / Schützenstraße 15-17 is a modern office building and commercial complex with 15,740 m² located at the legendary Checkpoint Charlie, in Berlin's former newspaper, now media, district in Berlin-Mitte.

Dream Global REIT is an unincorporated, open-ended real estate investment trust that provides the opportunity to invest in commercial real estate outside of Canada.

Zaphir Asset Management is a private real estate investment and asset management firm part of the Aguirre Newman Group (leading real estate consultancy firm in Spain created in 1988) with more than US$700 million under management.

Oaklins' team in Germany advised the seller on the whole transaction process. This included structuring the asset deal, providing a complete analysis of the real estate market and its characteristics, approaching national and international potential investors, and negotiating the sale contracts.

Tombstone image for Zaphir Asset Management has sold the modern office and commercial complex in Berlin-Mitte Zimmerstraße / Schützenstraße to Dream Global REIT

KEY DEAL CONTACTS

Gerald Beuker

Germany

Geschäftsführender Partner

KURZPROFIL