Trei Real Estate (“Trei”), an international developer and asset holder for residential and retail real estate, just launched the leasing process for its apartment complex on Fürstenberger Strasse in Berlin. The tripartite building cluster consists of 117 rental apartments on 7,360 square metres, and includes an underground car park with 25 spots, of which 13 are equipped with an EV charge point. Construction started in June 2020 according to plans designed by Stephan Höhne Gesellschaft von Architekten mbH, an architectural firm also based in Berlin. The building is expected to be completed by the third quarter of this year. The general contractor is Dressler Bau GmbH, while the property management will be handled by Apleona Real Estate Management GmbH. The estate agency Müller Merkle Immobilien GmbH was hired for the first-time rentals. Trei is investing a total amount of 47 million euros in the building complex.
The retail unit of 1,830 square metres on the ground floor has already been leased to EDEKA. It is the same grocery chain that used to occupy the previous building at the site, now demolished. “The former EDEKA branch was not at all efficient in its use of the site area. A low-rise supermarket occupied the same place that now accommodates a newly constructed six-storey building. Especially in attractive inner-city locations like Fürstenberger Strasse, land development potential of this sort should be exploited in order to ease the shortage of apartments and properties,” said Pepijn Morshuis, CEO of Trei.
The site on Fürstenberger Strasse straddles the boundary between the central districts of Mitte and Prenzlauer Berg in Berlin. “The surrounding parklands and green areas, including the popular Mauerpark and Humboldthain parks, offer future residents a wide variety of leisure and recreational options. A short walk of a few hundred metres will take you to Kastanienallee, a street lined with shops, boutiques and restaurants“, said René Westerheider, Head of Asset Management at Trei. Two tram stops, “Schwedter Strasse” and “Friedrich-Ludwig-Jahn-Sportpark,” are located in the immediate vicinity. The ride downtown from here takes 10 minutes to Alexanderplatz and about 15 minutes to the central railway station.
Apartment leasing is also about to start for another one of Trei’s residential developments, located barely two kilometres away on Winsstrasse. A third complex of 240 apartments on Pappelallee, also located about two kilometres away, was already completed in December 2020. This is another development that replaced a single-storey supermarket with an apartment complex plus integrated grocery store.
Prospective tenants interested in renting an apartment on Fürstenberger Strasse may submit their application on www.heimelig-berlin.com.