Tuesday, 13 January 2026
Sonar Real Estate has advised a European foundation, acting as transaction manager, on the acquisition of the office and retail property Topas Arkade in Berlin-Mitte. The seller was UBS Real Estate GmbH. The transaction was concluded following a competitive bidding process managed by BNP Paribas Real Estate.
Topas Arkade is located at Friedrichstrasse 153a in central Berlin. The building, recognisable by its colonnaded façade, was originally constructed in 1900 based on plans by architect Alfred Breslauer. It was extended in the 1950s and underwent comprehensive modernisation in 1998.
The property provides approximately 5,600 sq m of lettable space arranged over seven floors. Around 4,200 sq m is used as office space, while roughly 1,100 sq m is allocated to retail and food and beverage tenants.
Nick Puschkasch, Managing Partner at Sonar Real Estate, commented that the acquisition reflects continued investor interest in centrally located, income-generating assets. He noted that, despite current market conditions, selected core-plus properties in established urban locations remain attractive for investors with a long-term strategy.
The buyer was advised by P+P Pöllath + Partners, CBRE and Witte Projektmanagement. The seller received legal and technical advice from GSK and Revacon.
Property management responsibilities will be assumed by 3PM, which is based in Berlin.
