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Fürst

Our Fürst project is a prime asset located on Kurfürstendamm in central Berlin with c.108,000 sqm of gross lettable area, to be completed by end 2023. The project is excellently-located on one of Berlin’s busiest and most prominent streets, benefitting from a prime location as well as a unique footprint as a mixed-use quarter. It would be used for predominantly office and co-working spaces (c.60%), with the remaining area dedicated to leisure, retail and hotel which would together enhance the experience.

The project has full planning permission in place including the necessary building permits and relevant local development plans. The project is under construction and the first phase, BT6, is complete. The completed phase is mainly office-use with retail units on ground floor, corporate tenants have moved in and started paying rent. The remaining phases will be completed through to the end of 2023.

Key Highlights

Location Berlin
GCA 183k sqm
Completion end 2023
Expected ERV/year €50m