Deutsche Investment Kapitalverwaltung AG further strengthened its residential portfolio in Berlin by acquiring
a mixed-use residential/commercial building from the Belle Époque on Wipperstrasse in the Rixdorf locality, a
conservation area in the borough of Neukölln. Completed in 1899, the corner building sits in one of the most
sought-after residential areas of the borough, embedded in the neighbourhood between vibrant Richardplatz
and the greenery of Körnerpark. The property has a total lettable area of about 2,168 sqm, which divides into 35
residential units and two commercial units. The acquisition took the form of an asset deal, the parties agreeing
not to disclose the selling price.
The property is fully connected to the district heating network, has a valid energy performance certificate, and is
in good structural condition overall. At the same time, various measures were identified during the due diligence
that will make the building fit for the future, including roof and yard greening, improving the fire prevention and
protection system, upgrading the building services, optimising the ESG characteristics and switching to green
electricity, supplemented by smart metering.
With the acquisition, Deutsche Investment continues its strategy of securing standing properties with development
potential in sought-after urban residential areas, and of developing these along the lines of responsible
management.
“With the acquisition of the property on Wipperstrasse, we are deliberately investing in a historically evolved
neighbourhood that connotes stability, social diversity and long-term performance,” said Nina Sobotta, Senior
Transation Manager at Deutsche Investment Kapitalverwaltung AG. “It is the combination of charming Belle Époque
architecture, modern basic technical infrastructure and an established residential environment that makes
this property a sustainable component of our Berlin portfolio.”
“The transaction demonstrates that it is possible to seize attractive opportunities even in competitive submarkets.
What prompted us to go ahead was the robust tenant base as well as the clearly defined sustainability-focused
upgrades which we will now implement in a structured manner,” said Gilbert Merz, Head of Transaction
Management at Deutsche Investment Kapitalverwaltung AG.
The technical due diligence was performed by CBRE Berlin. Wüest Partner acted as appraisers.
The property had been part of the Deutsche Investment portfolio since January 2026.
