Acting on behalf of various Irish investors, the international real estate services firm Cushman & Wakefield (C&W) has sold three residential properties in Tempelhof and one apartment building in Dahlmannstrasse in Charlottenburg extending over a total of ca. 14.021 m², comprising 173 residential apartments and nine commercial units.
The purchase prices were between EUR 1,300 and EUR 2,350 per m². The properties were purchased by a municipal housing company and a German-Russian family office.
Hanns-Joachim Fredrich, Partner at C&W and head of the company's Berlin office and Investment department, commented: “The demand for residential property in Berlin remains high. Despite this, we are also seeing an increase in the types of purchasing groups. In addition to institutional investors, we are currently experiencing high demand from municipal housing companies and international private investors.”
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