DaimlerChrysler 'puts central Berlin property up for sale

German carmaker DaimlerChrysler wants to sell property on the Potsdamer Platz in central Berlin worth around 1.5 billion euros (2.1 billion dollars), a report said Tuesday.

DaimlerChrysler has hired US investment bank Merrill Lynch to search for a buyer, the Financial Times Deutschland quoted industrial sources as saying.

A spokeswoman for the automaker however told AFP: “It's pure speculation. A decision has not yet been taken. We are not commenting.”

Sony also wants to sell a building it owns on the iconic square that reflects the history of modern Germany, the paper said, adding that the Japanese company hopes to earn 600-700 million euros from the sale.

Potsdamer Platz, today a showcase of modern architecture, restaurants, cinemas, galleries, and shopping malls, was for decades a desolate no-man's land around the wall that separated communist east Berlin from the capitalist west.

Many groups built offices in central Berlin after the country was reunited in 1990, but a forecast real-estate boom has failed to materialize.

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