DWI sells Berlin office project to NAS Invest
NAS Invest has acquired the “Spreeturm” office project located near Berlin’s east rail station in the Friedrichshain district as part of an off-market transaction. The seller is the DWI Group, which is building around 13,500 sqm of office space on the site, supplemented by gastronomy and retail space. Eike Becker provided the design of the 20-story building. Completion is anticipated for 2020, with LEED Gold certification. NAS Invest was advised on the forward deal by Gleiss Lutz and Arcadis; DWI was advised by BNP Paribas Real Estate and the law firm Neuwerk Rechtsanwälte.
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