HIH Hamburgische Immobilien GmbH has sold Charlottenstr.14/15 Berlin-Mitte to Union Investment Real Estate

HIH Hamburgische Immobilien Handlung GmbH (HIH) has sold a single-tenant office building at Checkpoint Charlie in Berlin-Mitte to Union Investment Real Estate (Union). Financial details of this transaction have not been disclosed.

The property Charlottenstraße 14/15 is a modern office building providing 6,900 sqm office space and is completely let to a well-known insurance company.

Union Investment Real Estate GmbH is one of Europe's leading property Investment management companies. The firm combines over 45 years of asset management with capital market expertise within the dynamic Union Investment Group. Union's portfolio comprises some 319 prime properties in outstanding locations in the world´s major cities.

HIH is a company within the Warburg network. The private bank M.M.Warburg & CO KGaA, which is the centre point of the Warburg network, was founded in the year 1798. As a real estate investment and service group, HIH concentrates on the business areas of property management, project development and investment products for national and international, private and institutional investors.

Oaklins' team in Germany advised the seller on the whole transaction process.