PORTFOLIO: FUND II

Joli Cœur (Berlin)

10.6 acre site with landmark protected former hospital in Charlottenburg district of Berlin

In early 2012 ASG made an all-cash purchase of a site taking up an entire city block in Charlottenburg, Berlin. This was a 100 year old landmark protected, but abandoned building that had previously served as a children´s hospital.. The distinct architecture and interior courtyard and quiet surrounding green area create a powerful, yet calm space that lends itself to a residential re-development. This multi-year, multi-phase development project is currently underway and unit sales begin in summer 2013. For more information, visit the website below.

www.joli-coeur.de

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