Swedish SEB to snap up Daimler's Berlin properties

TT/The Local
TT/The Local - [email protected]

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.


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.


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