Ampega Real Estate acquires assets in Berlin from Hines

Ampega Real Estate GmbH has acquired the office and commercial building Schloßstraße 20 in Berlin-Steglitz for HDI Deutschland AG. The seller was Hines Pan-European Core Fund (HECF), a fund managed by the international real estate firm Hines. The financial terms were not disclosed.

The primary tenant, Globetrotter, took over the retail space from Sport Scheck in mid-year and will open its newly defined experience store in October.

“This modern property in a prime location on the highly frequented Schloßstraße offers excellent flexibility and complements our retail portfolio perfectly,” said Djam Mohebbi-Ahari, managing director of Ampega. “With our new main tenant Globetrotter, we have a sustainable retail concept that will offer customers an exciting shopping experience thanks to its high level of product range and consulting expertise.”