PropertyEU
Deka acquires Friedrich Carré assets for EUR 105m
Date: 20 January 2011
Category: Office
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.
 
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