Development Opportunity in Prime City Centre Location

A very rare opportunity to acquire a prime location development close to Friedrichstrasse, Unter din Linden and Gendarmenmarkt.
 
 The property is offered completely vacant, a project plan exists, which was commissioned by the owner. It must be verified and updated, and has to be agreed with the relevant licensing authorities.
 
Approval is possible for residential in the upper floors and commercial on the ground floor and partially also on 1st floor. This could also have the possibility of a small boutique hotel in this prime location.
 
To express your interest or arrange a viewing you can either email or contact on the following telephone numbers:
 
 Call Now
+44(0) 20 8133 2632
+49(0) 30 6483 8996

Ugly No Barrier for Apartment Sales in German Boom: Mortgages

With small windows, low ceilings and drab facades, the concrete apartment blocks favored by East Germany’s communist regime are known as Plattenbauten for their prefabricated panel construction. Now they are hot properties, caught up in a German real estate boom driven by foreign investors seeking a safe place to put their money.

A sale of 38,000 Dresden apartments owned by Fortress Investment Group LLC (FIG), many in the socialist-era estates, may be Germany’s next big residential deal after firms including New York-based Blackstone Group LP (BX) and Cerberus Capital Management LP made purchases that included Plattenbauten this year. (more)