Tishman Speyer acquires prime mixed-use opportunity in Berlin
Global real estate player Tishman Speyer has acquired Q207 at Friedrichstrasse 76-78, a landmark commercial property in central Berlin, from Allianz Real Estate, acting on behalf of several Allianz group companies. Financial details were not disclosed. The transaction was undertaken on behalf of Tishman Speyer’s TSEV VIII value-added fund and co-investment partners. The property in Berlin Mitte, known locally as Galeries Lafayette, occupies almost an entire block between Friedrichstrasse and Französischer Strasse. It is in close proximity to Q205 that...