© CA Immo AG

CA Immo concludes long-term lease agreement with DKB at Upbeat in Berlin's Europacity district

CA Immo has signed a long-term lease agreement with Deutsche Kreditbank AG (DKB) for 34,850 sqm of rental space in the landmark office development Upbeat in Berlin’s Europacity. Upbeat is being developed as a premium, innovative, green, healthy, safe office building with cutting edge levels of technological sophistication and sustainable operations, and targeted to have at least DGNB (Gold), WiredScore (Platin), and WELL (Gold) certifications.

Andreas Quint, CEO of CA Immo: “Upbeat will be CA Immo’s 10th office development in Berlin’s Europacity submarket, and a new landmark building that forever changes Berlin’s skyline. We are delighted that DKB have put their trust in CA Immo to deliver their new corporate headquarters, and believe this landmark lease is proof of concept in our focus on investing, managing, and developing modern urban offices with a focus on user-centric comfort and design, green, healthy, safe space, and emphasis on smart and sustainable real estate.”            

As one of the leading retail and commercial banks, DKB has been successful on the market since 1990. With over 4.6 million customers, the second largest direct bank in Germany relies on smart online banking in combination with a sustainable business model. After completion of the Upbeat building, DKB will move its Berlin headquarters to the property. DKB was advised by the law firm P+P Pöllath + Partners Rechtsanwälte und Steuerberater mbB and Savills Immobilien Beratungs-GmbH on the conclusion of the lease.  

Stefan Unterlandstättner, CEO of DKB: “DKB has grown steadily since its foundation in 1990 and has been closely connected to the capital Berlin for decades. The DKB Campus is another historic milestone for us. It stands for our growth course and the transformation of DKB into a technology company. As one of the largest employers in Berlin, we take responsibility and continue to commit ourselves to Berlin as a location today and in the future. State-of-the-art architecture combined with a sustainable space and energy concept create smart working environments. We are looking forward to 2025!”

With an existing portfolio of 15 buildings, totaling 210,809 sqm of GLA, and active development pipeline of two projects totaling 36,206 sqm of GLA under construction (excluding Upbeat) in Berlin, CA Immo has a long and successful track record of developing modern sustainable office especially in Berlin’s Europacity submarket. With start of this development, CA Immo takes another step in its core market expansion strategy and capital investment program, setting the path for continued growth of recurring earnings while improving the underlying quality of the portfolio.

Upbeat – Development Highlights
Upbeat occupies a prime location at the northern edge of Berlin’s Europacity submarket, with unrivaled visibility and access. Europacity has seen significant recent investment in infrastructure as well as high quality residential and commercial space, and the location has evolved into an attractive and dynamic environment for work, leisure, culture, and living.
Designed by the renowned Berlin architects Kleihues + Kleihues, Upbeat’s modern and organic architecture features three different building height levels, extensive roof terraces, and a grand, open, transparent lobby. Taking advantage of the site’s topography, the basement level allows for delivery entrance separate from any public access, and a generous parking garage. The building will feature one main public entrance directly from Heidestrasse, and a secondary entrance with a driveway for taxi / drop off.
The building's flexible floor plans allow for efficient office concepts ranging from cellular office through to open space and combined areas, and the ability to adapt to future requirements as the way traditional office space is used evolves.

Your Press Contact:
CA Immobilien Anlagen AG
Markus Diekow | Head of Corporate Communications Germany
Email: markus.diekow(at)caimmo.de
Website: https://www.caimmo.com/en/