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Sony Center Is Sold In March


The Sony Center at Potsdamer Platz in Berlin has finally find a buyer. A consortium of German and U.S. investors over the complex with the famous tent roof. Among the buyers: the investment bank Morgan Stanley.


Tokyo - The construction is the ornamental of Potsdamer Platz - now it is sold. At the end of March, the Berlin Sony Center at the German real estate company Sireo Corpus, the U.S. investment bank Morgan Stanley and the U.S. company The John Buck Company. The Sony today officially announced. About the purchase price was not disclosed.




DDP
Sony Center at Potsdamer Platz: buyer consortium found

The center opened in June 2000 with its spectacular roof structure includes eight buildings with 132,500 square meters annually flock more than eight million visitors there. Housed there are shops, offices, restaurants and a cinema.
The sale is part of Sony's strategy, from all activities outside of the electronics business to separate. Already in 2005 the group had announced investments amounting to 750 million euros to abandon because they do not fit the core business.
order the sale of the prestigious building, there were long ambiguities. Only in January wrote the "Berliner Morgenpost" the building had not found a purchaser, since nobody with the required price of 800 million euros have to pay. Sony had read the report uncommented.
The Sony Center is not the first Immobile at Potsdamer Platz, the owner changes. In December last year, the auto group Daimler his 19 properties at Potsdamer Platz to the Swedish bank SEB sold. According to information of the "Berliner Morgenpost" the purchase price stood at 1.3 billion euros. The SEB, the objects for their open real estate funds have acquired real estate investment.

ssu / AFP / AP


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