GIC-owned firm buys Hotel de Rome in Berlin

It used to house Dresdner Bank and the East German state bank.

Caleus Capital Partners, a real estate firm co-owned by sovereign wealth fund GIC with German investment company Caleus Capital, has purchased Berlin’s Hotel de Rome from Commerz Real for an undisclosed sum, an announcement revealed.

Located at the city’s central district, the 5-star hotel under the Rocco Forte brand had been part of Commerz Real open-ended real estate fund Hausinvest since 2007.

Erected in 1889 as the headquarters of Dresdner Bank, Hotel de Rome later accommodated the East German state bank and was fully renovated in 2006, with the original condition of the classical architecture retained.

It has a gross floor area of approximately 18,300 sqm, across 108 rooms and 37 suites, including a ballroom and spa area with a 20-metre pool.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia