The commercial and residential property was completed in mid 2014 and is located on Berlin’s famous Alexanderplatz, right next to the TV tower – on exactly the same site where the first German fashion store of Redevco affiliate C&A was opened in 1911. The ALEA 101 is a 30-metre-high building with five floors and a basement. Of the approximately 19,000 m² gross floor space, some fully let 10,000 m² are dedicated to retail and restaurants from the basement through to the second floor. The office space of approx. 1,600 m² on the third and fourth floors is also fully let, and the 14 apartments with a total area of some 1,600 m² have also been taken. The ALEA 101 was designed as a green building and has a dual green building certification. It has been awarded a Platinum pre-certificate by the German Sustainable Building Council (DGNB) and was rated “excellent” by the international BREEAM standard.

More information in ‘Towards sustainable cities’, Redevco’s Responsible Real Estate Investment report 2014/2015