Project invests €77mn in Berlin and Frankfurt


Project Immobilien is investing in an office project in Berlin-Tegel and a housing project in Frankfurt’s Gallus district. An office building with about 7,500 sqm lettable space and 95 underground parking spaces is planned on a 3,604 sqm lot in Berlin’s commercial park “Am Borsigturm”. Project quotes the sales volume at over €32mn. The 3,389 sqm site on Frankenallee 98-102 in Frankfurt will be home to apartments with a sales volume of about €45mn. The Project funds Metropolen 17 und 18 are invested in both developments.

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