In 2018, Hines acquired Allianz Campus Berlin on behalf of a Korean real estate fund managed by Vestas Investment Management. Hines will serve as asset manager for the project, scheduled for completion at the end of 2018.
Allianz Campus Berlin will consist of three buildings with approximately 674,412 square feet of office space.
The property is located within Berlin Adlershof Science City, Germany's largest science and technology park and Berlin's largest media site.
Allianz Campus Berlin will offer flexible office areas suitable for a range of workspace concepts. It has been designed for sustainability and is targeted to receive the highest possible certification from the German Sustainable Building Council, DGNB Platinum.
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