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Middlecap and CPI Property Group JV Buy Berlin Development Sites for €30.6 Million

Three Sites to Be Developed into 150,000 Square Feet of Offices and Residential
The schemes are located in Kreuzberg and Moabit. (Source: Getty Images)
The schemes are located in Kreuzberg and Moabit. (Source: Getty Images)
CoStar News
July 30, 2021 | 11:08 AM

MiddleCap, a real estate focused European investment company, and CPI Property Group, an owner of real estate in Berlin, Prague, Warsaw and across Europe, have completed the acquisition of three strategic developments sites in central Berlin for €30.6 million. The three sites will deliver over 150,000 square feet of offices and residential units.

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