LBBW Landesbank Baden-Württemberg has sold an office building in Berlin to Wealthcap GmbH

Landesbank Baden-Wuerttemberg (LBBW) has sold an office building located in Carnotstreet in Berlin, with 10,500 sqm of rental space, to Wealthcap Kapitalverwaltungsgesellschaft mbH.

Wealthcap is one of Germany’s market leaders in investments in real assets. With over 30 years of investment expertise, Wealthcap has access to high quality investment opportunities in many attractive asset classes and markets that we translate into investment offerings tailored to individual investment objectives.

LBBW is a public bank that provides commercial banking, savings, leasing, asset management, real estate, international business and equity financing services. The bank serves customers in Germany.

Oaklins’ team in Germany advised the seller in this transaction.