Carré Sama-Riga is another quality project from the CG Group that is already in the planning stage. It will be built in one of Berlin’s trendiest areas—the Samaritan Quarter. The property will provide a mix of quality apartment life and the artistic, cultural and working environment typical to this area. An existing building (dating from around 1938) will be refurbished and integrated into the courtyard of the newly constructed building along Rigaer Strasse.

Overview
Project data and key figures
Project details
Total area of the land: 5,186 m²
Area for rent/sale: 12,392 m²
Car parking spaces: 78 78 underground parking
Target rent: 13.50 EUR/m²
Construction period: August 2017 to March 2020
Year of construction: 2020
Object condition: First time use
Heating type: Central heating
Major Energy Carrier: district heating
Energy certificate: energy certificate required
New Commercial Building
Object type: commercial
Area: 2,628 m²
Units: 8 (64–460 m²)
Description: Commercial space (office, education, art)
new building
Object type: residential
Area: 9,764 m²
Units: 133 (47–117 m²)
Description: rental apartments
Image Gallery
Current status rental and sale
Current state
Planning phase
Building pit
Building shell
Ready for occupancy
Completion
Current state letting

Renting will begin during the shell construction phase.

Current state letting
0%
0 from 133 units are rented
Current state sale

The property is sold turnkey and fully leased to a capital investment company (Versorgungskasse).

Current state sale
100%
133 from 133 units are sold
Property specification - Micro environment / Macro environment

Berlin (city - east)

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

Friedrichshain-Kreuzberg

The Samaritan quarter lies 3.5km east of Alexanderplatz in the district of Friedrichshain-Kreuzberg. This densely populated area is characterised by Gründerzeit architecture and serves a primarily residential function. It’s located in the Friedrichshain side of the district, whose namesake is the nearby public park founded in 1848.

While the population is declining in other inner-city districts, Friedrichshain-Kreuzberg is as popular as ever. It is one of the most fashionable and trendiest areas of Berlin and has the youngest population—more than half of its inhabitants are between the ages of 20 and 45.

Well known for its shopping areas and nightlife, Friedrichshain-Kreuzberg is home to several thousand restaurants and nightclubs, with perhaps the most characteristic and popular areas being the Bergmannkiez and the Simon-Dach-Strasse.

Micro environment area: 20.00 km²
Micro environment population: 275,691
Micro environment population density: 13,508 Einwohner je km²
Micro environment purchase power index: 83.8
Property environment
Distance to city centre: 3.5 km
Distance to railway station: 2.6 km
Distance to motorway: 7.2 km
Distance to nursery: 0.3 km
Distance to local public transport: 0.2 km
Distance to school: 0.3 km
Contact
Contact Persons

Klaus Hüpping
berlin-rig@cg-gruppe.de

Contact Details

CG Deutsche Wohnen GmbH
Wilmersdorfer Str. 39
10627 Berlin

Any Questions?

Call us: +49 (0)30 85 74 736 - 20

Letting: +49 (0)30 93 62 72 83

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