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FRANKFURT, 11 Dec. 2025 -- DWS Group, a leading European asset manager with global reach, has acquired a state-of-the-art logistics park from PGIM and Panattoni in Berlin. Completed in 2023, the property is located in the Marzahn district and is based on Panattoni’s City Dock® concept designed to offer flexible property solutions in urban centers. The financial details of the transaction remain confidential.
With a total rental area of approximately 36,500 square meters, the property stands out for its flexible, modern building structure tailored to the needs of diverse user groups. The combination of City Dock® units with smaller rental spaces and three larger state-of-the-art logistics units makes the asset particularly attractive to a wide range of tenants. The property is DGNB Gold certified and is fully leased with long-term contracts to a diversified mix of established companies. Strategically located just 20 minutes from Alexanderplatz in eastern Berlin, the site offers excellent transport connections and proximity to industrial and commercial areas, positioning it as an urban logistics hub.
“In 2025, we were very active on behalf of our institutional funds in the real estate transaction market, securing various investment opportunities at an attractive entry point. In the coming year, we will continue to be an active market participant to ensure we are well positioned for existing and new clients seeking real estate investment opportunities” said Markus Wickenträger, Head of Portfolio Management European Real Estate at DWS.
Nabil Mabed, Senior Portfolio Manager at PGIM’s real estate business, added: “This transaction underscores our strategic conviction regarding the continued attractiveness of high-quality logistics properties in strong urban locations. The successful development and sale of this asset reflects our ability to create sustainable value for our investors.”
PGIM acquired the property together with Panattoni in 2020 on behalf of its European Value-Add strategy, aiming to capitalize on the dynamic fundamentals of the Berlin logistics market by developing a first-class last-mile facility.
ABOUT PGIM
PGIM, the global asset management business of Prudential Financial, Inc. (NYSE: PRU) is built on a 150-year legacy of strength, stability, and disciplined risk management through more than 30 market cycles. Managing US$1.5 trillion in assets1, PGIM offers clients deep expertise across public and private asset classes, delivering a diverse range of investment strategies and tailored solutions—including fixed income, equities, real estate and other retail investment vehicles. With 1,400+ investment professionals across 41 offices in 20 countries, we serve retail and institutional clients worldwide. For more information, visit pgim.com.
Prudential Financial, Inc. (PFI) of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom. For more information please visit news.prudential.com.
1As of 30 September 2025
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