We report here the physical-chemical characterization of a highly water-soluble Gd(III) complex (complex 1) formed with the asymmetric hexadentate ligand H 4 bedik (2,2'-((2-(bis (carboxymethyl)amino)benzyl)azanediyl)diacetic acid). The number of water molecules directly coordinated to the metal, q = 2.2, was assessed by measuring luminescence lifetimes of the Tb(III) analogue (complex 2) in H 2 O and D 2 O and it further was confirmed by 17 O chemical shift measurements on the Gd(III) complex. The complex has moderate thermodynamic stability and remains insensitive to physiological anions [biphosphate (HPO 4 2À ), bicarbonate (HCO 3 À )] and pH variation (in the range 5-10) of the medium as evidenced by negligible changes in longitudinal relaxivity (r 1 ) at 1.41 T, 25 8C. The Gd(III) complex exhibits very fast water exchange, among the fastest reported for Gd(III) chelates, and high relaxivity at high magnetic fields (r 1 = 7.47 mM -1 s -1 at 9.4 T, pH~7 and 25 8C). Interestingly, the very high positive value of the activation entropy indicates a dissociatively activated water exchange for this eight-coordinate complex.