BERLIN-Peakside Capital has bought a commercial and residential development plot in Berlin for Peakside Real Estate Fund I. The site, situated on the northern section of Berlin-Mitte, already has full planning consent for a commercial and residential development.
Peakside has formed a joint venture partnership with pantera AG to re-submit the planning petition for a EUR 90-million residential development. Peakside and pantera are planning to develop only the residential scheme containing 300 apartments on the site. For the full story, go to Europe Real Estate .
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