Aroundtown Expands Green Real Estate Portfolio in Berlin-Mitte: Office Building “Der Karl” at Karl-Liebknecht-Straße 31/33 Receives BREEAM Certification

Aroundtown has received the BREEAM certification for sustainable buildings for another property in Berlin: “Der Karl” is an office building full of history and character in modern times. The elongated building at Karl-Liebknecht-Straße 31/33 offers spaces tailored to the needs of today’s companies.

"Der Karl" is located in the best area in Berlin-Mitte, one of the liveliest and most dynamic parts of the capital.

The large office property, covering 24,000 m², is situated in one of Berlin's best city centers, the central Alexanderplatz. The property is directly on one of Berlin's main traffic routes, which meets the other traffic arteries of the city at Alexanderplatz. In addition, Alexanderplatz is one of the most important public transport hubs in Berlin, served by numerous S-Bahn, U-Bahn, trams, and buses, connecting the property to Berlin’s airport and other districts of the city. Due to its central location, the property benefits from many nearby amenities, including numerous restaurants and bars, shopping malls, and other retail stores, as well as hotels and conference rooms.

“Der Karl” offers flexible space design, ranging from individual offices to open-plan offices. For team events, modern open spaces in startup style, a café-bar, a gym, showers, and a chill zone are available.

Further information about the property: der-karl.de

BREEAM has been one of the leading international certification systems for assessing the sustainability of real estate since 1990. Thanks to its holistic approach, BREEAM enables buildings to be compared worldwide on the basis of defined sustainability targets. It assesses properties in categories such as management, health and well-being, energy, transportation, water, materials, waste, land use and ecology, and pollution. The system defines clear sustainability standards and, thanks to its global comparability, provides a uniform assessment standard that can be applied to existing buildings as well as new builds and refurbishment projects. BREEAM promotes the recording of the current sustainability status and the continuous optimization of buildings through the recurring recertification process.

Thanks to its international relevance and broad applicability, BREEAM certification supports user satisfaction and the long-term value retention of properties - a clear added value for owners, tenants and sustainability goals. In Germany, over 50 percent of all office buildings in the Aroundtown portfolio are already BREEAM-certified; in the Netherlands, the entire office portfolio is certified.

Further information:

https://breeam.com/

https://www.tuvsud.com/de-de/branchen/real-estate/immobilien/energie-und-nachhaltigkeit-bei-immobilien/breeam

About Aroundtown

Aroundtown is one of Europe's largest real estate companies, M-Dax listed and focused on income generating quality properties that have potential for value-add in central locations mainly in Germany and the Netherlands. The portfolio comprises mainly office, residential and hotel properties. Hundreds of experienced employees from all areas of the value chain ensure that Aroundtown effectively realizes long-term potential. Professional organization, flexibility, innovation and extensive tenant services make Aroundtown a reliable partner for growth and success. Aroundtown is a sustainability leader in the European market with strong visibility in ESG indices such as Dow Jones Sustainability Index, Bloomberg Gender Equality Index and more. Aroundtown is a member of the European Public Real Estate Association (EPRA), the German Property Federation (ZIA), the German Sustainable Building Council (DGNB), the UN Global Compact Network Germany as well as a signatory of the United Nations Charter of Diversity. Aroundtown has received multiple EPRA BPR Gold Awards and EPRA sBPR Gold Awards for its transparent financial and sustainability reporting. Avisco (controlled by Yakir Gabay) holds 15% in Aroundtown (date: 29.07.2022) and Stumpf Capital GmbH 10% (date: 13.11.2023). Other shareholders include Blackrock, Norges, Vanguard, Allianz, BNP Paribas, Japan’s Government investment fund, Alliance-Bernstein, Dekabank, State-Street, Bank of Montreal and many other leading international investors. The main bond investors include ECB, GIC, Union Investment, DB, UBS, CS, M&G, Pictet, Credit Agricole and many other major institutional investors.

www.aroundtown.de