Berlin: The Instant Group and Sony each lease more than 8,000 sqm
Two large office leases for more than 8,000 sqm each were signed in Berlin recently. London-based flexible office provider The Instant Group has leased about 8,500 sqm office space in the “Rocket Tower” and is providing it to a multinational technology group, who will be moving in with more than 500 employees and expanding its presence. Cushman & Wakefield and Engel & Völkers advised on the deal. Also, Sony Music Entertainment is moving its Germany HQ from Munich to Berlin in the summer of 2020. The company has leased roughly 8,200 sqm office space in the project “Im Wirtschaftswunder” on Potsdamer Straße/Bülowstraße in Charlottenburg. Lessor and developer of the property is Pecan Development, who was legally advised by SammlerUsinger. Savills brokered the transaction.
Subscribers to our premium service have access to this article in full as well as to an additional 480,000+ 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.