Hines expands its Berlin resi portfolio (DE)

Hines expands its Berlin resi portfolio (DE)

Hines is sustainably increasing the appeal of the city quarter of Sudkreuz (Stadtquartier Sudkreuz), located in the south of Berlin, with revitalisation and development of the Schoneberger Linse neighbourhood. This is currently one of the major residential projects in Berlin. It will involve focusing on the local social requirements and future needs for a cross-generational, cohesive living environment. A central concept for the project developer is the promotion of interactivity between the future residents.

 

Hines is planning to achieve this by establishing a wide range of community amenities. It is expected that the scheme will comprise 665 residential units for around 1,200 residents on a total area of 21,430m². The homes will include 213 micro-apartments for students and 116 subsidized social apartments for rent. The project will also feature 11,550m² of office and commercial space as well as a comprehensive range of community amenities.

 

Christoph Reschke, Co-Managing Director of Hine Germany said: “The Stadtquartier Sudkreuz is the first residential project of its kind in Europe undertaken by Hines. Our strength is that as a company operating on the global stage, we are in a position to contribute to international know-how while being able to adopt a regional approach at the same time. This is why we have taken a very close look at innovative living trends and approaches to communal living all over the world. The Quartier Sudkreuz combines all these modes of living within a unique project. Our objective is to follow the Berlin tradition of achieving a diverse mix of residents, to incorporate the concept of people living together and to promote maximum living comfort and lifestyle quality for future residents.” 

 

Joachim Wintzer, Managing Director at Hines, added: “With Stadtquartier Sudkreuz, we are designing new living spaces for the people of Berlin. Our findings have established that traditional residential models are no longer fit for purpose. Sharing is becoming increasingly popular in the living segment. Therefore, we are concentrating on the sharing principle and we have made a significant move into designing the future of residential living.”

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