Facts:Land Size: 3827 m2Parking: 25Rentable Space: 4122 m2Rental Income Per Year: 369,700 EUROSPurchase Price: 4600000 EUROSYield: 8.04%Lease option:Building Completion: 1968Remaining Duration: 5Location:Berlin is the capital city and one of sixteen states of Germany. With a population of 3.4 million within its city limits, Berlin is the country’s largest city. It is the second most populous city and the eighth most populous urban area in the European Union. Located in northeastern Germany, it is the center of the Berlin-Brandenburg metropolitan area comprising 5 million people from over 190 nations.Economy:In 2007, the nominal GDP of the citystate Berlin experienced a growth rate of 1.8% (2.5% in Germany) and totaled €81.7 ($114) billion. During the last decade Berlin has experienced significant changes towards a service orientated economy. Reunification related assimilation lead to stagnant nominal GDP growth and high unemployment rates until 2005. Since then the unemployment rate steadily decreased and reached a 13 year-low with 13.3% in September 2008 (German average: 7.4%/September/2008).Among the Forbes Global 2000 and the 30 German DAX companies, Siemenrs and Deutsche Bahn control headquarters in Berlin. A multitude of German and international companies established secondary departments or service offices in the city. Among the 20 largest employers in Berlin are the railway company Deutsche Bahn AG, the hospital company Charité, the local public transport company BVG, the service provider Dussmann and the Piepenbrock Group. Daimler manufactures cars, and BMW builds motorcycles in Berlin. BayerSchering Pharma and Berlin Chemie are major pharmaceutical companies headquartered in the city.Fast-growing sectors are communications, life sciences, mobility and services with information and communication technologies, media and music, advertising and design, biotechnology and environmental services, transportation and medical engineering. The Science and Business Park of Berlin-Adlershof is among the 15 largest technology parks worldwide. Research and development have established economic significance, and the Berlin Brandenburg region ranks among the top three innovative regions in the EU. Berlin is among the top three congress cities in the world and is home to Europe’s biggest convention center in the form of the International Congress Centrum (ICC). It contributes to the rapidly increasing tourism sector encompassing 659 hotels with 97,400 beds and numbered 17.8 million overnight stays and 7.9 million hotel guests in 2008. Berlin has established itself as the third most-visited city destination in the European Union. (Source: Wikipedia.org)

Amenities	Unspecified
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Property Type	Office Building