Berlin, Richardstraße 20

Investment

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Cityjung Real Estate successfully sold the former Power Transformation Substation in Berlin`s trendy Neukoelln district on Richardstrasse to an international institutional investor.

This unique landmark building, dating back to the 20`s will be redeveloped for office use. Furthermore on the same plot, a new build office development of approximately 2,600 sqm will additionally increase this projects attractivity.

Building was sold by a private vendor.