Thursday, 15 January 2026
BlueRock Group completed office and residential property transactions with a total volume of approximately EUR 50 million in 2025, continuing its investment activity despite challenging market conditions. At the end of the year, the group reported assets under management of around EUR 650 million.
During 2025, BlueRock acquired seven residential properties in Berlin, comprising 193 residential units and 15 commercial units with a total lettable area of roughly 14,200 sq m. In parallel, an office property in Cologne held within a BlueRock fund was sold to an international industrial occupier.
In the Berlin residential market, BlueRock continues to work closely with MB Advisors GmbH, which is responsible for identifying and executing acquisitions and supporting the implementation of the group’s asset management strategy. The cooperation will continue in 2026, as BlueRock plans to expand its investment and development activities in the city.
Active asset management, including value-add measures such as densification, supported the refinancing of six centrally located residential properties in Berlin in 2025, despite the challenging financing environment. Berliner Sparkasse acted as financing partner. Further refinancings have already been secured for the first quarter of 2026, supported by value increases achieved across the portfolio.
In 2025, BlueRock was selected by Tikehau as a joint venture partner to build an additional residential portfolio in Berlin. The cooperation aims to acquire around 1,000 residential units with development and value enhancement potential within the Berlin S-Bahn ring over the next two years. Two club deals based on this strategy were completed during 2025.
BlueRock expects a gradual recovery in the German office market over the coming months, bringing selective acquisitions back into focus, particularly for core and core-plus strategies in the country’s largest office markets. At the same time, the company says that the further development and value preservation of its existing office portfolio will remain a priority in 2026, reflecting ongoing changes in occupier behaviour, ESG requirements and operating costs.
Ronny Pifko, CEO of BlueRock, said: “Office properties have long since ceased to be a sure-fire success. What is needed instead are asset managers with an efficient, professional and personable hands-on approach to further developing buildings and successfully implementing lettings. This also requires flexibility, creativity and patience. For us, this includes the development and implementation of hybrid usage concepts, such as the conversion of office space into residential or serviced apartments.”
Photo: Ronny Pifko, CEO of BlueRock
