Berlin: Quest buys Emmler Lofts in Kreuzberg

20/05/2019

Quest Investment Partners has acquired an office and retail building in Berlin-Kreuzberg as part of a share deal. The so-called Emmler Lofts on Kottbusser Damm 25-26 have about 5,000 sqm office and retail space and are to be repositioned architecturally, a release states. Main tenant is Woolworth, who opened its first store in Berlin at that location in 1928. In total, the former factory building is 88 % leased. Seller of the Emmler Lofts is Fortis Real Estate Investment, who was advised exclusively by Catella Property. Colliers International and SNP Schlawien also consulted on the deal.


TD Premium

Subscribers to our premium service have access to this article in full as well as to an additional 510,000+ news items: all filterable by topic, company, asset class, city or keyword. In TD Premium you can search for investment deals, leases, current project developments and company news with pinpoint accuracy.

TD Premium is Germany’s leading property information tool that interconnects news, transactions, project data, market and company information in a unique and flexible system.