German conglomerate The Schoeller Group has acquired the Upper West tower in Berlin, Germany, from Austrian real estate developer Signa Prime Selection AG, for an amount reported to be some €450 million. The 55,000 sqm, 33-level tower includes the three-star, 582-room Motel One Berlin: Upper West, 21,850 sqm of office space and retail units on the ground and first floors. The tower is adjacent to west Berlin’s Kurfürstendamm avenue, between the luxury shopping mall KaDeWe and the Berlin Zoological Garden. Motel One occupies 19 of the 33 floors in the tower and the hotel includes a breakfast restaurant and a panorama bar. The building is DGNB Gold & LEED Platinum certified.
