TOM June 2020

Page 05 T O M
NEWS June 2020
Sony Center: Architectural
icon celebrates anniversary
Further development of the Berlin mixed-use property planned
On June 14, 2000, the Sony
Center - built according to
the designs of the German-
American star architect
Helmut Jahn - was opened.
Thanks to its futuristic architecture,
open design and use
of natural resources such as
light and air, the Sony Center
is a symbol of the culture
of change in Berlin - and has
long since become an internationally
renowned landmark
of the capital.
The Sony Center was opened
as a trend-setting building complex
that combines working,
living, entertainment and retail
under one roof. Today, with its
spectacular, light-flooded roof
construction and thanks to a
wide range of cultural activities
and ultra-modern office space,
it is well established in the capital.
ATRIZIA AG has sold a portfolio
of seven retail properties
for 96 million euros to the real
estate investment company
Captiva.
The portfolio is leased longterm
and 100 percent to the DIY
chain OBI and has a total rental
space of 71,000 square meters.
The sale follows the conclusion
of several lease extensions for
the portfolio.
Securing the
long-term future
The average remaining term of
the rental agreements has thus
been extended to 12.9 years.
The properties are located at established
sites in Vechta, Neuss,
Schwelm, Siegen-Weidenau,
Haiger, Pirna and Stadtbergen.
Philipp Schaper, Head of Transactions
Europe at PATRIZIA:
In its anniversary year, Berlin‘s Sony Center is setting off into the
future.
Photo: Oxford Properties
„We are pleased that together
with OBI we have succeeded in
securing their future at each of
the locations in the long term.
While OBI was able to create a
It is to Helmut Jahn‘s credit
that the design of the Sony
Center blends in very well with
Berlin‘s Mitte and Potsdamer
Platz, meets urban planning requirements
and gives the building
ensemble an artistic face.
The main feature of Helmut
Jahn‘s design is the oval shape
of the roofed, light-filled forum,
which perfectly highlights
its generous open space.
PATRIZIA sells OBI
portfolio for 96 million euros
Seven properties sold after asset management measures
PATRIZIA has sold seven OBI stores, including the store in Vechta.
Photo: PATRIZIA
sustainable and stable environment
for its business, we were
able to realize added value for
our customers through this
sale“
Gabriele Volz
succeeds Andreas
Muschter at
Commerz Real
Gabriele Volz (WealthCap)
will succeed Andreas Muschter
at Commerz Real. She will
take over the job as CEO from
January. Volz had been Managing
Director at WealthCap since
2009. She is also a member
of the board of directors of the
professional association RICS
and a member of the executive
committee of ZIA. Muschter
had headed the real estate division
of Commerzbank since
2013. His move as CFO to The
Student Hotel, a developer and
operator of hotels, student apartments
and coworking spaces,
became known at the beginning
of the month.
Union Investment
Real Estate expands
management team
Union Investment Real Estate
GmbH is expanding its top management
team. Subject to the
approval of BaFin, Christoph
Holzmann (43) will be appointed
to the management of the
Hamburg-based real estate investment
manager with effect
from July 1. As Chief Operating
Officer (COO), the business
graduate will assume responsibility
for the further development
of business processes in
Union Investment‘s fast-growing
real estate division. His
tasks include in particular the
continuous improvement of the
structural and process organisation.
As a driving force for
change and optimisation, he will
place particular emphasis on digital
transformation.
Digital Real Estate Industry
Day had over
3000 participants
„As a result of the corona crisis,
we will not recognize our dynamic,
lively inner cities everywhere“,
said ZIA President Dr.
Andreas Mattner at the opening
of the first hybrid day of the real
estate industry in front of 50
invited guests in the ZIA capital
city studio and around 3,000
viewers via the digital channels.
The Real Estate Industry Day
is once again the leading event
for politics and the industry this
year.