In 2010, South Korea’s National Pension Service (NPS) acquired the landmark Sony Center through a share purchase agreement. Hines served as advisor and represented NPS in all negotiations, including acquisition and financing, over the duration of the transaction. Hines is also responsible for ongoing asset management.
Completed in 2000, Sony Center is located at Potsdamer Platz in the heart of Berlin. Designed by Helmut Jahn, the 1.2 million-square-foot, eight-building, mixed-use complex is punctuated by the light-flooded Forum with its round roof of textile sails spanning 56,490 square feet, which resembles Mount Fuji in Japan. The complex attracts eight million visitors annually.
Sony Center consists of:
Potsdamer Platz 2 (Building A) - 259,044-square-foot office / retail building, 26 stories
Potsdamer Platz 2 (Building B1) -186,291-square-foot office building, 10 stories
Potsdamer Straße 4 (Building B2) -211,898-square-foot residential / retail / entertainment building, 12 stories
Potsdamer Straße 6-8 (Building C) -150,738-square-foot office building, 9 stories
Kemperplatz 1 (Building D) - 226,903-square-foot office building, 11 stories
Bellevuestrasse 3-5 (Building E1 & E2) -138,897-square-foot office building, 10 stories
Bellevuestrasse 1 (Building F) - 30,376-square-foot retail building, 12 stories