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Development··2 min read

Primus Immobilien AG and Edge form Joint Venture for Residential Rental Construction in Berlin

Primus Immobilien AG has established a joint venture with European real estate developer and investor Edge to realise additional rental apartments in Berlin-Schöneberg.

AI generatedPrimus Immobilien AG and Edge form Joint Venture for Residential Rental Construction in Berlin – AI-generated illustrative image
Primus Immobilien AG and Edge form Joint Venture for Residential Rental Construction in Berlin. Illustrative image generated using artificial intelligence (AI). The image does not depict a real property, person or event and is not a documentary photograph. Labelled in accordance with Article 50(4) of the EU AI Act.

Primus Immobilien AG, a well-known player in the real estate market, has agreed a cooperation with Edge, a European real estate developer and investor. This collaboration culminates in a joint venture, whose primary goal is the development and construction of additional rental apartment units in Berlin-Schöneberg. The undertaking envisages the creation of a mixed-use quarter, which is intended to meet the urban requirements of the location.

Planning for the project in Berlin-Schöneberg foresees a construction start for early 2027. This endeavour is part of a series of efforts by Primus Immobilien AG to enrich the housing market in the German capital with new offerings. The focus is on creating attractive living spaces. The strategic partnership with Edge underscores the approach of realising ambitious projects through pooled expertise and resources.

Primus's Extensive Commitment to Residential Construction in Berlin

Primus Immobilien AG's activities in the Berlin area are extensive and span various districts. In addition to the newly announced joint venture in Schöneberg, Primus is actively pursuing further residential construction projects. This signals a continuous commitment to expanding the housing supply in various locations across Berlin.

  • Ongoing projects are currently located in the Westend and Pankow districts.
  • For another significant undertaking in Kreuzberg, construction is scheduled to begin in the foreseeable future.
  • Additional project planning includes locations in Hellersdorf and Prenzlauer Berg.

These projects reflect Primus's strategy to be present at various locations in Berlin and to serve different market segments. The development activities are geared towards satisfying the demand for both rental apartments and mixed-use quarters to promote sustainable urban development. The collaboration with Edge for the Schöneberg project constitutes an important building block in the company's overall strategy.

Primus's presence in various Berlin districts demonstrates the company's ability to manage complex development processes at different locations and to consider the respective local requirements. The joint venture with Edge not only serves to realise the specific project in Schöneberg but also strengthens the position of both companies as relevant players in the Berlin real estate market.

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