Berlin Hyp finances office and commercial building DUKE in Berlin together with savings banks for QUEST Investment Partners with €45 million

Together with the Lüdenscheid and Hochfranken savings banks, Berlin Hyp is financing the office and commercial building DUKE in Berlin-Kreuzberg. The financing is for a term of five years and was placed with the new S-Group product “ImmoNachrang”. The total investment volume of the two savings banks amounts to €15 million.

QUEST Investment Partners is planning to gradually revitalise and optimise the property. The nine-storey multi-tenant property was built in 1999, has a rental area of approximately 7,600 square metres and is located in the heart of the historic newspaper district, not far from Checkpoint Charlie, Friedrichstrasse and the high-rise building of the Axel Springer publishing house.