Grüne Stadt, Berlin-Prenzlauer Berg Greifswalder-/Anton-Saefkow-/Kniprodestraße

Complete renovation of a 1930s residential complex

Property particulars:

• 53,500 sqm. rental space
• 1.100 rental units (before merging)

Timetable:

• 2007 - 2008 planning (3 building phases)
• 2008 - 2009 implementation and completion
• 2009 - 2013 letting, operational asset management

Services:

Business plan, allocation of CAPEX, management of planning, procurement and execution of property and apartment renovation (LP 1-8), marketing, leasing, operational asset management

Owner / representative:

Overall responsibility, Volker Müller for Dupuis Asset Management under contract to the owner, MCT Berlin Eins S.A.

Special features:

Building permits (listed building), urban development agreement (bye-law permitting restructuring), balcony extensions, energy-efficient refurbishment (KfW), letting complete in 2009

Note: This reference does not concern an Immpex project, but its management was responsible for the relevant activities as part of their earlier work.