Nuveen Real Estate finalizes acquisition of EDGE Grand Central Berlin on behalf of Cityhold Office Partnership

Nuveen Real Estate has completed its acquisition of EDGE Grand Central Berlin, a 20,000-square-meter (237,000-square-foot) “smart” office asset, on behalf of its Cityhold Office Partnership (CHOP).

Located next to Berlin Hauptbahnhof, a major transport hub, EDGE Grand Central benefits from its situation in the well-established Europacity area, which is a prime office district in the city. The property has already been fully pre-leased to three tenants — ImmoScout, Oracle and EDGE Workspaces.

Designed to be a smart and sustainable office building, the asset has already achieved WELL Gold and DGNB Platinum certifications, the first German building to do so. The class A office space will be distributed over nine floors, all incorporating smart building technology, climate ceilings and integrated LED lighting controlled via smartphone.

“The EDGE Grand Central Berlin asset provides the CHOP venture with access to a fully let, best-in-class and future-proofed