SEB acquires Potsdamer Platz portfolio

SEB Asset Management has acquired the Quartier Potsdamer Platz portfolio in Central Berlin from German car maker Daimler. The portfolio comprises 19 properties with a total space of about 285,000 m[sup]2[/sup]. Office and administrative space account for 42% of the lettable area, while 22% is for retail use. The remaining space consists of residential, hotel accommodation and leisure facilities. The acquisition is expected to close by the end of the first quarter of 2008.

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