Real Estate
Meyer Bergman European Retail Partners III bought the asset in 2016.: UBS Real Estate has acquired the Topas Arkade building on Central Berlin’s Friedrichstrasse from Meyer Bergman’s third retail fund. Meyer Bergman European Retail Partners III, which recently reached its final close in capital raising, acquired the 5,500sqm block in the fourth quarter of 2016. The building’s ground level and some basement space are retail units while the upper four floors are in office use. Henning Zimmermann, the vice president at Meyer Bergman, said: “UBS Real Estate approached us just as our business plan for the property was gaining momentum.

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