Advertisement

Swedish SEB to snap up Daimler's Berlin properties

TT/The Local
TT/The Local - [email protected]
Swedish SEB to snap up Daimler's Berlin properties

The German car maker Daimler will announce on Friday that it is selling its properties at Berlin's Potsdamer Platz to SEB Bank of Sweden, the popular daily Bild reported, without citing sources.

Advertisement

According to previous media reports, the 17 buildings in the glittering new heart of the once divided city are estimated to be worth around €1.5 billion ($2.2 billion).

Daimler last year said it might sell up to €4 billion worth of properties, including the Potsdamer Platz real estate and the former company headquarters in Stuttgart-Möhringen.

More

Join the conversation in our comments section below. Share your own views and experience and if you have a question or suggestion for our journalists then email us at [email protected].
Please keep comments civil, constructive and on topic – and make sure to read our terms of use before getting involved.

Please log in to leave a comment.

See Also