Press Release
Deka Immobilien sells office and retail building in Berlin
Frankfurt, 20.05.2026
Deka Immobilien has sold the “Schönhauser Tor” office and retail building in Berlin-Mitte from the portfolio of the Deka-ImmobilienEuropa open-ended real estate fund. The buyer is an institutional investor. The parties have agreed not to disclose the purchase price.
The eight-storey office and retail complex at Torstraße 49 comprises around 16,200 sqm of lettable space, of which approximately 14,700 sqm is office space, 950 sqm is retail space, 570 sqm is storage space and 124 parking spaces. The property is currently around 80 per cent let. Deka Immobilien acquired the property in 1993.
With this transaction, the fund management is taking advantage of a market opportunity to sell in order to optimise the portfolio.
About Deka
DekaBank is the securities services provider of the German Savings Banks Finance Group (Sparkassen-Finanzgruppe). Together with its subsidiaries it forms Deka Group. With total customer assets of more than EUR 440 billion (as at 30/09/2025) and 5.9 million securities accounts, DekaBank is one of the largest securities services providers and real estate asset managers in Germany. It provides private and institutional investors with access to a wide range of investment products and services. DekaBank is firmly anchored in the Sparkassen-Finanzgruppe (Savings Banks Finance Group) and tailors its product portfolio to the requirements of its owners and sales partners in the securities business.
The Deka Group's global real estate expertise is pooled in its Real Estate Division. The management companies, Deka Immobilien Investment GmbH and WestInvest Gesellschaft für Investmentfonds mbH provide management and support for EUR 50 billion (as at 31/12/2025) in real estate assets.
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