TH Real Estate acquires EDGE assets to launch €1bn partnership

By Richard Hook2018-04-19T12:14:00

TH Real Estate’s Cityhold Office Partnership (CHOP) has acquired a duo of assets from EDGE Technologies to seed a strategic partnership with the technology-led developer targeting €1bn (£870m) growth in the next three years.

CHOP has completed the acquisition of the EDGE Olympic in Amsterdam and committed to acquire EDGE Grand Central in Berlin, ahead of its completion at the end of 2019, to seed the partnership. Together the assets total €200m in value and will deliver 323,000 sq ft of prime office space.

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