City Light House
Berlin
City Light House is located in Berlin’s City West between Kurfürstendamm and the Kaiser Wilhelm Memorial Church. This development was initiated by a subsidiary of Helaba Landesbank Hessen-Thüringen (the state bank of Hesse-Thuringia). We were invited to join the project as a joint venture partner and provided some of the development services required.
Shortly after the start of construction in 2002, the building was successfully pre-sold to an institutional investor. Following completion in early 2004, City Light House was handed over to its new owner, who assumed responsibility for leasing.
City Light House was initiated by a subsidiary of Helaba Landesbank Hessen-Thüringen (the state bank of Hesse-Thuringia). We were invited to join the project as a joint venture partner and provided some of the development services required. The start of construction took place in 2002, the completion in 2004.
City Light House was successfully sold by way of a share deal (sale of the shares in the single-purpose vehicle City Light House GmbH & Co. KG) to a fund of the Credit Suisse Asset Management group.
Basics
| Floor Area | 135,000 sq. ft. |
| Investment | 45 million Euros |
| Uses | Offices, Retail |
| Architecture | Collignon Fischötter |
| Construction Phase | 2002–2004 |
| Developed jointly with Helaba Group | 2001–2004 |