Oceans & Company’s Real Estate Finance team successfully advised NAS Invest on the sourcing and execution of a EUR 85mn senior financing for the acquisition of the Spreeturm located in Berlin’s Mediaspree. This landmark office tower with lettable space of approx. 13,500 sqm was developed by DWI and sold to NAS Invest in a forward deal signed in March 2019. Until completion of the 20-story building in August 2020, NAS Group’s asset management division took over responsibility for the letting process and successfully increased the occupancy rate to 80%. Closing of the CORE transaction took place in October 2020.