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Arax Properties, Partners Group dispose of Berlin office complex for €200M

Arax Properties and Partners Group Holding AG sold the City Campus office complex in the Charlottenburg district of Berlin for about €200 million, Europe Real Estate reported.

The property on Saatwinkler Damm contains 55,640 square meters of rental area and 479 parking spaces across six buildings.

The asset is almost fully occupied by blue-chip tenants, mainly government tenants.