Northern European fund and asset manager BPT said its German fund, BPT Hansa Lux SICAV-SIF, has acquired a 16-storey tower in Berlin-Schöneberg in an off-market deal worth €9 mln.
Northern European fund and asset manager BPT said its German fund, BPT Hansa Lux SICAV-SIF, has acquired a 16-storey tower in Berlin-Schöneberg in an off-market deal worth €9 mln.
The scheme was built in 1998 by HVL Unternehmensgruppe and was kept in HVLS’s portfolio.
Located between Berlin-Schöneberg and Tempelhof, the office tower provides 11,0000 m2 of lettable space let to 51 tenants and 101 parking spaces.
'We have acquired this property in line with the fund's strategic focus on the commercial core and value-added office market,' said Georg Haider, the German country director of BPT.
BPT is a Northern European fund and asset manager with offices in Copenhagen, Helsinki, Stockholm, Warsaw, Riga, Tallinn, Vilnius, St Petersburg and Berlin. Currently BPT manages seven real estate funds and two separate accounts, with over €1 bn in assets under management.
