Zaphir Asset Management has sold a complex of residential properties located in Berlin to EB Group. Financial details have not been disclosed.
EB Group is a real estate, asset and property management group and a competent partner for international real estate investors. Since the group was founded in 2000, the team advises international investors and real estate funds and manages their multi-faceted real estate portfolio. The real estate funds focus on residential and commercial properties in and around Berlin.
Zaphir Asset Management is a private real estate investment and asset management firm part of the Aguirre Newman Group (a leading real estate consultancy firm in Spain created in 1988) with more than US$700 million under management.
Luisenstraße 45 and 48-52 form a complex of modern mixed-used buildings with approximately 13,840 m² located in the government district in Berlin-Mitte.
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.
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