State Real Estate
Lisbon Sells Its Berlin Embassy Plot to the Friedrich Ebert Foundation for €22 Million — 18% Above Valuation, the State's Biggest Property Sale in a Decade
ESTAMO closed the Tiergarten plot at Hiroshimastrasse 25 and Hildebrandstrasse 10 to the SPD-linked Friedrich Ebert Foundation in 2025. Bought 30 years ago for an embassy that was never built, it accounted for almost the entire €22.24 million the State raised from real-estate sales last year.