BERLIN-Euroffice, a $1-billion fund managed by AEW Europe, has purchased a 400,000-square-foot office complex here that is fully occupied by Deutsche Bahn. A partnership of Frankonia and LVM sold the Berlin Nordbahnhof.

Frankonia, based in Dusseldorf, Germany, recently finished the development of the building. The tenant has a 15 year lease. The sale price was not disclosed.

Gereon Kohlgrueber, director of investments for AEW Europe, said the group has invested about $520 million in core and value-add assets in Germany in the past year. “We feel the Berlin regional office market has a very good perspective, which makes this an interesting time to buy,” he said in a statement.

The company invested heavily in German property and Europe in the third quarter. In October, the company joined with Tristan Capital Partners and Caleus Capital Investors to form Episo Berlin Sarl, a $410 million venture for German multifamily assets. Also, funds through AEW and Tristan purchased Jantar Shopping Centre in Poznan, Poland for $120 million in December. The two companies also sold five industrial logistics properties in the United Kingdom for $191 million in November.