Empira Debt & Advisory, a division of the Empira Group, has arranged €80 million of senior financing for DIEAG to refinance the purchase of land and the new Equalizer building in Berlin.
Since the middle of this year, the Empira Group has been offering financing advice to third party clients of its Debt & Advisory business division. This is the latest large-volume advisory deal completed by Empira Group and further expands its financing advisory services for third party clients.
The Hamburger Sparkasse (Haspa) acted as the lending bank.
“Our approach can be seen as tailor made”, says Steffen Bartl, Head of Real Estate Finance at Empira Group. “We work out the best possible financing solution on an equal footing with all the partners involved, and then implement it swiftly. We follow the same high-quality standards of our in-house projects.”
The project is a new office building planned by Berlin-based developer DIE AG and will be located in Berlin’s City West. Based on a design by “kadawittfeldarchitektur”, an innovative and sustainable office location with a gross floor area of around 15,460 square metres is being created in one of Berlin’s urban centres. The office complex in Berlin-Charlottenburg has received DGNB Gold certification and is scheduled for completion in early 2026.
Jens Ole Heitmann, Head of Commercial Real Estate at Hamburger Sparkasse adds: “We are taking on this financing with full conviction. The DGNB Gold certified ensemble is a valuable new component of our loan portfolio, not only from an ESG perspective. The project highlights what is possible when professional partners work together, in new teams and in challenging times. We are looking forward to working with DIEAG and would like to thank the Empira Group for its professional support.”
“We would like to thank our debt advisor, Empira, who advised us quickly, competently and with a broad network in the best possible way during the financing process. We are grateful for the high level of service provided by Hamburger Sparkasse offering a customised and attractive financing structure in this challenging market environment,” comments Richard Pail, Managing Director of DIE AG Investmentmanagement GmbH.
“This transaction underlines the importance of a longstanding financing network in the current market environment,” explains Johannes Haecker, CEO of Empira Financial Services. “We provide our clients with tailored financing solutions, structured as required from our own credit resources or with partners in the capital and banking markets.”
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