Investments

The property is located in Milan's south-western semi-center, an area that is experiencing an increasing interest from tenants as office location thanks to its proximity to the new office development of City Life. It is a well connected location thanks to excellent public transport services (new M4 line will be located only 400m away).
The building is a 9,300 sqm office property built in the 1960's and it is fully vacant. The value creation strategy envisages the full refurbishment and the upgrade to the lastest international construction, health and energy standards, delivering to the market a Grade A office property.

The office development Elisa is located in Lützowstraße 107-112, Berlin, c. 900m south of Potsdamer Platz, one of Berlins most sought after office locations, on the neighboring property of project Carl. The development is pursuit by the LBBW in corporation with Hochtief, with Ardian being responsible for the letting of the property. The building 3 HÖFE WORK (Project Elisa) comprises an office building with 7 upper floors, a total lettable area of c. 17,800 sqm and 52 parking space. The asset is characterized by two main entrance halls with 8m ceiling heights and flexible and bright floor plans, designed by the famous architect Tchoban Voss, suitable for single- and multi-tenant use. The completion of the development is excepted in Q3 2021.

The property is located in the heart of the Parioli district, one of the most elegant and wealthiest areas of Rome. It was built in the ‘30s for residential use and then it was reconverted into office use in a later stage.
The building consists of six floors above ground and a semibasement floor, for a total gross surface of ca. 2,500sqm. It also includes 2 covered parking spots and 10 uncovered ones in the external courtyard of the building.
The building is currently 100% leased to a single tenant and it will be subject to a complete refurbishment after the tenant vacation, expected by end of 2019.

The office ensemble Carl is located in Lützowstraße 105-106, c. 900m south of Potsdamer Platz, one of Berlins most sought after office locations. The property was built in 1974 and partly modernized in 2000, comprises a total lettable area of c. 29,500sqm, of which c. 6,000sqm are data room space, utilizing the unique glass fiber connectivity of the asset. The asset consists of a staggered flat-roof building with one section comprising up to 6 upper floors and the other section comprising up to 11 upper floors, providing a panoramic view over Berlin. The courtyard with its green areas and seating possibilities complements the aluminum façade and provides a campus-like ambience. The transportation links of the office property are very good, with the underground stations "Gleisdreieck" (5 min. walk) and "Kurfürstenstraße" (8 min. walk) being close by, featuring direct connections to Berlin´s city center, the Kurfürstendamm (5 min. by train), as well as the airport Berlin Tegel (18 min. by car).

The property, built in the 1910s, is composed of three different blocks, one on the corner of two streets (Via Melzi D’Eril and Via Londonio), the other in the internal courtyard and a smaller one mainly used to enter the garage.
The building is currently 30% leased (two tenants) and it will be subject to a complete refurbishment in order to deliver prime Grade A office spaces.

The office building located in the central district of Berlin-Wilmersdorf was built in 1993 and thoroughly renovated in 2019 and 2020. The property consists of a front building and an adjacent, triangle shaped building stretching out to the backyard of the property, offering c. 13,300sqm of lettable space. The asset comprises 8 full stories above ground and has a rooftop terrace, providing an immaculate view towards the Memorial Church and the Tiergarten. The impressive natural stone lobby with a gallery and high ceilings welcomes the tenants into the property. The green backyard, that is accessible to all tenants, provides recreational space where employees can interact and dwell in nature.
The office building is c. 650m off high-street Kurfürstendamm and only a 50m walk to underground station Spichernstraße that connects the asset to Berlin central station (15min) and the airport Berlin-Brandenburg (50min). Further, the junctions of highways 100, 103 and 115 are all within 10min driving distance and connect the office property to the Berlin metropolitan area.