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