GSK Stockmann | View firm profile
GSK Stockmann advises Catella Investment Management GmbH (CIM) and its investment management platform Catella Real Estate AG on the acquisition of a newly built residential complex with 37 units in Berlin.
The residential complex was acquired on behalf of the public real estate AIF Catella European Residential (CER). The seller is OTTO WULFF Projektentwicklung GmbH.
The six-storey building comprises 37 apartments with a total living space of approximately 3,000 square metres, as well as an underground parking garage with 21 parking spaces. The property also offers 106 bicycle parking spaces.
The building meets the EH 55 energy efficiency standard (KfW 55) and is connected to the local district heating network. A photovoltaic system on the roof covers part of the building’s energy requirements. Around half of the apartments are accessible for disabled tenants. The underground parking spaces are pre-fitted with cabling for the future installation of electric vehicle charging points.
Completion of the residential complex is scheduled for the end of 2025.
Advisers of Catella Investment Management GmbH/Catella Real Estate AG at GSK Stockmann:
Jan Kramer (lead, Real Estate Transactions & Project Development), Sascha Zentis (Real Estate Transactions & Investments), Kristina Marx, LLM (Public Law), Dominik Berka (Tax), Dr Metin Tatu (Real Estate Transactions & Project Development)