Slovakian developer J&T Real Estate (JTRE) has launched in Germany with its debut project in Berlin, dubbed Nordhafen Living & Office.
'We’re entering markets with view to establishing a long-term presence. Following the London benchmark, we’ve set up a JTRE branch for the German market in Berlin,' said Pavel Pelikán, JTRE's executive director.
Designed by gmp Architekten, the firm's first Germany project has obtained permits for a 33,000 m2 multifunctional block.
Over half will be residential, with 150 residences set aside for long-term rental. Office space will comprise another third, and the remaining areas will be earmarked for retail and gastronomy.
Ground work will begin this May and rough construction will start at the end of the summer. The project is scheduled for completion in 2027.
Nordhafen Living & Office is situated in the emerging Europacity district. The scheme includes a green courtyard with relaxation area and children's playground, 300+ bike racks plus cycling facilities, and underground parking with e-chargers. Office tenants will enjoy a spacious roof terrace.
Features such as roof-top solar panels form part of the building's bid for LEED and WELL accreditation.
Lukáš Sásik, JTRE's director of international operations, said: 'Europacity is a large project in the highly attractive central Berlin-Mitte district between the Main Railway Station and historic Nordhafen harbour, near the government quarter.
'This long-disused brownfield site will be transformed into a new green urban district for 16,500 residents. Covering 40 hectares in a prime area, this project’s wide range of services and multi-functionality will make this a high-profile project for all of Berlin.'
