This impressive, Günderzeit-style residential and office building (historic building registry No 09096106, “Haus August Beringer“, Otto March, built in 1905-07) is situated in the best part of Charlottenburg, directly in one of Berlin’s most important shopping miles, the Wilmersdorfer Strasse, at its intersection with Bismarckstrasse.

The goal of the project are to refurbish of the building, optimising its space and usage. The façade facing the street will be renovated, and the traditional double-box windows will be completely refurbished, increasing their structural integrity. The courtyard façade has been insulated, and each apartment will have a balcony facing the courtyard with a view of the green areas of the neighbouring Carré Raimar. All residential units will be renovated according to modern standards and in line with legal requirements for the preservation of historic buildings.

The property behind Haus August Beringer, Rückerstrasse 8-12, has also been refurbished by the CG Group (see project Carré Raimar). The production building has been removed and in its place stands a charming housing complex with courtyard areas providing ample green spaces (completed in 2016). Once again, this building is experiencing an increase in attractiveness and a stabilisation of sustainable revenue generation.

Overview
Project data and key figures
Project details
Sales volume (GDV): 15,228,000 EUR
Total area of the land: 1,575 m²
Area for rent/sale: 5,074 m²
Construction period: October 2014 to October 2016
Year of construction: 1905
Year of refurbishment: 2016
Object condition: refurbished
Heating type: Central heating
Major Energy Carrier: no information
Energy certificate: no information
Ground Floor
Object type: commercial
Area: 727 m²
Units: 5 (53–251 m²)
Description: Shops
1st Floor
Object type: commercial
Area: 792 m²
Units: 4 (140–267 m²)
Description: Residential or commercial
2nd – 6th Floor
Object type: residential
Area: 3,428 m²
Units: 24 (32–261 m²)
Description: Residential
Image Gallery
Current status rental and sale
Current state
Planning phase
Building pit
Building shell
Ready for occupancy
Completion
Current state letting

Renting of apartments and commercial units will begin in summer 2017.

Current state letting
90.909090909091%
30 from 33 units are rented
Current state sale

The object will be sold turnkey and fully leased to a capital investment company (Versorgungskasse).

Current state sale
100%
35 from 35 units are sold
Property specification - Micro environment / Macro environment

Berlin

With an area of 892 km² and over 3.6 million inhabitants, Berlin, the Federal Republic of Germany’s capital, is its largest and most populous city, and the European Union’s second largest in terms of population. It forms the centre of Berlin-Brandenburg Metropolitan Region (6 million inhabitants) and is divided into twelve districts. Berlin is a global city in terms of culture, politics, media and science, as well as a main transport hub in Europe.

With the exception of 2009, Berlin saw steady population growth from 2004-2010. In addition to the positive and steadily increasing development of the natural population balance, it is primarily the influx of approximately 30,000 immigrants per year, particularly since 2011, which contributes to the positive overall development (5.9% population growth in the past decade). The federal capital predicts the population increase will continue, and the Berlin Senate Department for Urban Development expects a further growth of around 8 percent by 2030.

Berlin has been the up-and-coming European city in recent years. After decades of division, the megacity has once again become an important economic centre in the Metropolitan Region of Berlin-Brandenburg, and the hinge between Western and Eastern Europe. As a "global city" in terms of art, culture, politics, media and science, Berlin has, both nationally and internationally, a strong magnetic effect on young, urban and creative groups, giving rise to high immigration rates and diverse, vibrant neighbourhoods. Hardly any other city has piqued the interest of international investors so sharply like Berlin has in recent years. Relative to the expanding economy, the growing population and the increasing purchasing power, the property prices, while indeed also rising but still low when compared to other metropolises, play an important role here.

Macro environment area: 892 km²
Macro environment population: 3,610,000
Macro environment population density: 4,047 Einwohner je km²
Macro environment unemployment rate: 9.5 %
Macro environment purchase power index: 91.4

Charlottenburg (City-West)

Charlottenburg is traditionally a popular Berlin residential location due to its central location in the urban area, the very good infrastructure and attractive Wilhelminian quarters. In particular, the Kurfürstendamm environment has a high prestige factor has always been. After the western city had initially lost after reunification in importance, a renaissance of the City-West in the past few years can be seen. These developments also radiate to the somewhat more distant from the Ku'damm documents how the project site to be assessed, from. Simultaneously, the project area is located in a total of less prestigious part of Charlottenburg. It outweigh middle and good locations in the vicinity.

The social structure in the district can be assessed as moderate to good. Is characterized by the positive population development. The inner-city location corresponding live in the district over-average number of singles. The district is characterized by a slightly younger population structure, particularly the age groups 18 to 45 years, and slightly below-average purchasing power.

Micro environment area: 65.00 km²
Micro environment population: 326,354
Micro environment population density: 5,043 Einwohner je km²
Micro environment purchase power index: 106.0
Property environment
Distance to city centre: 2.0 km
Distance to railway station: 2.0 km
Distance to motorway: 1.0 km
Distance to nursery: 5.0 km
Distance to local public transport: 1.0 km
Distance to school: 1.0 km
Construction specifications

Originally constructed between 1905 and 1907, this building will be renovated (following guidelines for historic monument preservation) in 2016 and 2017.

Contact
Contact Details

Gröner Besitz GmbH
Rückertstr. 17
10627 Berlin

Any Questions?

Call us: +49 (0)30 86 87 2 - 9611

Letting: +49 (0)30 86 87 2 - 9081

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