US-based investor Westbrook Partners has acquired an office building in Berlin, Germany.
Financial details were not disclosed. The vendor was a consortium of private investors.
The asset is located on Leipziger Strasse 124 and comprises eight floors and two basements.
The purchase is the fourth that Westbrook has made in the office asset class in the German capital, the company said.
Welcoming the deal, Ruben Herrmann, managing principal at Westbrook, said: ‘By acquiring Leipziger Strasse 124, our fourth office property acquisition in Berlin, we have further strengthened our commitment to the German capital city.'
He added: ‘We can provide tenants with highly attractive office space, at short notice, in one of Berlin’s prime locations.’