5th July 2023

6B47 concludes sale of commercial unit at its LITE Berlin development to association

6B47 Real Estate Investors AG has concluded the sale of the commercial unit at its LITE Berlin development, located in the Europacity quarter of the Mitte district in central Berlin. The sales contract for the 284 m2 ground floor unit was concluded on 2 June 2023. The new owner is an association, which now benefits from premises in the heart of the German capital, in an exclusive waterside location on the banks of the Spandau shipping canal.

„LITE Berlin“

The LITE Berlin development comprises a residential building – divided into three units with separate access to each – plus a commercial unit and is located on Lydia-Rabinowitsch-Straße in Berlin's Mitte district, directly on the banks of the Berlin-Spandau shipping canal. The building's striking architecture is characterised by a series of vertical and horizontal bands, which together with the open-plan layout and expansive windows lend the development a wonderfully light and bright atmosphere and loft-style ambience and appeal.

The development's 63 exclusive and luxuriously appointed apartments, measuring between 71 and 253 m2, are intended for private ownership and are due to be completed by the third quarter of 2023. The 284 m2 commercial unit is located below them on the ground floor.

"The unit will provide a wonderful working environment for the association's staff, thanks to the terraces looking out over the Spandau shipping canal and the lawned areas along the waterfront," said Christian Berger, subsidiary head for 6B47, who signed the contract on behalf of the company.

The LITE Berlin development is located in Europacity, an up and coming quarter situated within walking distance of Berlin's central railway station. Located directly on the banks of the Spandau shipping canal, the development boasts an attractive and peaceful location, with many prominent international businesses, such as 50Hertz, Total and KPMG located nearby.

6B47 concludes sale of commercial unit at its LITE Berlin development to association