Clifford Chance has advised Blackstone Real Estate Part-ners Europe IV (“Blackstone”) and Quantum Capital GmbH & Co. KG (“Quantum“) on the acquisition of the office building An den Treptowers 3 (“Treptowers”) in Berlin from Deutsche Office AG.

Treptowers is a high-quality 90,000 square metres office building in Mediaspree, a fast growing sub-market in Berlin. The building was originally developed in 1998 and is currently fully let to Allianz. Blackstone and Quantum shall oversee the management of the property.

Blackstone is a global leader in real estate investing. Blackstone’s real estate business has over USD 100 billion in investor capital under management. Blackstone’s real estate portfolio includes hotel, office, retail, industrial and residential properties in the US, Europe, Asia and Latin America.

Quantum Immobilien AG, headquartered in Hamburg, Germany, is a development and investment management company. Currently the investment division of Quantum manages approximately EUR 4 billion of real estate assets for institutional investors with its offices in Hamburg, Munich, Frankfurt and Düsseldorf. Quantum Capital GmbH & Co. KG is an alternative investment manager, specialized in complex and large scale transactions combining real estate with structuring expertise.

The Clifford Chance team was led by partner Dr. Fabian Böhm and comprised associate Manuel Lomb and transaction lawyers Magda Pawela-Häusler and Elmostafa Habib (all Real Estate), partner Dr. Jörg Rhiel and associate Dr. Margret Bootz-Hagen (both Corporate), partner Thorsten Sauerhering and senior associate Dr. Dominik Engl (both Tax), partner Tobias Schulten (Banking & Capital Markets) – all Frankfurt – as well as partner Marc Besen (Düsseldorf/Brussels) and associate Ulrich A. Pfeffer (Düsseldorf, both Antitrust).