The property is situated in a central area of Berlin-Lichtenberg, opposite the Friedrichshain and the Prenzlauer Berg. It is a part of the site of the former textile factory VEB Fortschritt Herrenbekleidung and occupies an area of about 8,606 m². The former industrial building was transformed in two construction stages into a premium class residential complex. Modern apartments with a total living space of about 14,900 m² were created. Five city villas (about 8,165m² of living space) and two city houses (4,000 m² of living space) were built in order to complete the Carré Parkaue.  

All apartments have parquet flooring, brand name kitchens, exclusive bathrooms with Italian tiles, video intercom system and an underground car park. All of them have either a balcony, or loggia, or terrace.

Overview
Project data and key figures
Project details
Sales volume (GDV): 24,700,000 EUR
Total area of the land: 8,601 m²
Area for rent/sale: 12,135 m²
Car parking spaces: 96 96 underground parking
Target rent: 10.06 EUR/m² from 9.00 EUR/m² to 12.00 EUR/m²
Construction period: August 2011 to May 2013
Stadtvillen- Resort
Object type: residential
City- Häuser
Object type: residential
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Current status rental and sale
Current state letting

The object has been rented.

For reservation please contact our administration.

Current state letting
100%
138 from 138 units are rented
Current state sale

The object was sold turnkey and fully rented to a capital investment company (Versorgungskasse).

Current state sale
100%
138 from 138 units are sold
Property specification - Micro environment / Macro environment

Berlin is the capital city and the seat of government of Germany. The city state of Berlin is an independent federated state of Germany and is the center of the Berlin/Brandenburg Metropolitan Region. Berlin is the largest and the most populous city in Germany and the second largest city in the European Union.

Berlin is an important political, cultural, scientific and media center of Europe. The metropolis is an important traffic junction and is one of the most visited cities of the continent. Berlin’s outstanding institutions such as universities, research institutions, theatres and museums have gained international recognition. Therefore it is an attractive magnet for tourists and artists from over the world.

More than 80 percent of the companies based there are from the service sector. In particular, organic and medical technologies, pharmacy, art, media, information and communication technologies belong to the growth industries of the city. The biggest companies based in Berlin are Siemens, Deutsche Bahn and Vattenfall Europe.
 

Macro environment area: 892 km²
Macro environment population: 3,513,000
Macro environment population density: 3,939 Einwohner je km²
Macro environment unemployment rate: 11.8 %
Macro environment purchase power index: 94.5

Lichtenberg

The district of Lichtenberg is one the dynamic development points of Berlin. The sustainable, economically impressive changes of the district in recent years are currently demonstrated by an impressively stable demand for sophisticated living spaces that can be met only by constructing of new houses. The district has an excellent dynamic local infrastructure. The neo-Gothic town hall, relaxing parks, such as the city park and the shopping center “Ring center” are situated in the immediate vicinity and can be reached by foot. The lively Friedrichshain is just a stone's throw away; the popular East City can be reached by car or public transport in just a few minutes.

Micro environment area: 52.00 km²
Micro environment population: 266,300
Micro environment population density: 5,093 Einwohner je km²
Property environment
Distance to city centre: 5.0 km
Distance to railway station: 1.4 km
Distance to motorway: 10.0 km
Distance to nursery: 0.3 km
Distance to local public transport: 0.3 km
Distance to school: 0.6 km
Facility

All apartments have parquet flooring, brand name kitchens, exclusive bathrooms, large Italian tiles, video intercom system, an undergrauond car park, as well as balconies, loggias or terraces.

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