Kiez is our New Build Development located in Mitte’s exciting neighbourhood of Sprengelkiez.
Located in the heart of Berlin’s most happening district leaves you spoiled for choice of career, nightlife and cuisine. The train station less than 200 metres away grants access to a world-renowned transport system and puts the whole city at your feet.
Consisted of 76 total units, Kiez is a mix of comfortable studios and one or two-bedroom apartments.
Sprengelkiez’s cool, vibrant atmosphere and the development’s central location mean the ideal tenant is a young professional working in one of the neighbouring employment nodes. Europacity, Berlin’s 5bn EUR regeneration project and home to major companies like KPMG, Total and Expedia is only 15 min away, while Friedrichstrasse, the scenic avenue peppered with European HQs for players like EY, Facebook and Google, is an even shorter 10 min. trip. Charité, Europe’s largest university clinic, is a quick 8 minute stroll down the road, flooding Kiez’s potential tenant base with 14,500 medical professionals.
ARCHITECT: Ten Brinke (Berlin)
NUMBER OF UNITS: 76
COMPLETION DATE: December 2021
LOCATION: 29 Luxemburger Strasse, 13353 Berlin, Germany
AV. UNIT PRICE: EUR 271,800
AV. PRICE PSM: EUR 7,002
BEDROOMS: Studio / 1 bed / 2 bed
SIZES PSM: Studio: 25.45 – 43.94 (1 bed: 51.24 – 57.48) (2 bed: 66.25 – 73.81)
GROSS YIELD: up to 4.64%
FLOORS: 1st to 6th