BlueRock Group buys 13 Berlin Houses

The Swiss real estate investment company BlueRock Group, founded in 2011, has now spent 112 million euros on 13 buildings with 326 flats and 25 commercial units.

The buildings, which primarily date back to the imperial era, are located in the districts of Wedding, Neukölln, Moabit, Charlottenburg, Prenzlauer Berg and Schöneberg and comprise a total rental area of around 25,000 sqm. According to the Swiss, they will be refurbished for an amount in the high double-digit millions. But this purchase is not the end of the story for the Swiss and the European family offices and institutional investors behind them. In the course of a "capital city offensive", further purchases on the same scale are planned.

Zum Artikel (www.immobilien-zeitung.de)

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