Two Prime Assets in Berlin, One Cross-Border Team

Colonial SFL and Generali Real Estate have entered a joint venture for two super-prime office assets in the heart of Berlin: LindenCorso on Unter den Linden and Atrium on Friedrichstraße. Together, the properties comprise around 42,000 sqm GLA with a gross asset value of approximately €300m.

The mandate came with a particular setup: a Spanish client acquiring an office portfolio in Germany. TA Europe brought its Spanish and German teams together, with a Spanish-speaking point of contact on the German side working directly alongside Colonial’s team in Madrid – combining local market expertise with short communication lines.

Our scope covered the Technical Due Diligence for the acquisition, an Environmental Due Diligence to assess environmental risks and compliance, and a detailed CAPEX analysis of the investment plan for the coming years. Throughout the negotiation phase, our team provided ongoing technical guidance.

The collaboration continues beyond the transaction: TA Europe is now supporting Colonial SFL in implementing the CAPEX measures.