German fund manager Deka Immobilien has acquired four building at the Friedrich Carré in Berlin for EUR 105 mln. The four buildings comprise 18,000 m[sup]2[/sup] of office space and 3,400 m[sup]2[/sup] of retail. The space is leased to about 50 tenants. Friedrich Carré consists of seven buildings in total.
German fund manager Deka Immobilien has acquired four building at the Friedrich Carré in Berlin for EUR 105 mln. The four buildings comprise 18,000 m² of office space and 3,400 m² of retail. The space is leased to about 50 tenants. Friedrich Carré consists of seven buildings in total.
The acquisition was carried out on behalf of Deka ImmobilienGlobal, the first German open-ended fund to invest worldwide. In December 2010 the fund acquired the South Wharf Office Tower in Melbourne for approximately EUR 85 mln.
