Monday, 19 January 2026
MB Advisors has acquired two residential buildings with ground-floor retail units in Berlin’s Neukölln district on behalf of BlueRock Group. The assets were purchased from private investors, with transaction details undisclosed.
The five-storey properties, constructed in 1908 and 1910, together provide approximately 2,300 sq m of rental space. One building comprises 29 residential units and three commercial units across around 1,200 sq m, while the second includes 27 residential units and four commercial units totalling about 1,100 sq m.
MB Advisors sourced the assets and carried out technical and commercial due diligence, as well as transaction structuring. The firm will also take on ongoing asset management responsibilities. Engel & Völkers Commercial Berlin acted as broker and advisor on the transaction.
The acquisitions form part of BlueRock Group’s longer-term strategy to build a value-add residential portfolio in Berlin, with MB Advisors supporting the programme and managing the properties following completion.
