JTRE is strengthening its position as an international developer. It has established a German branch and has announced its first project in the central Berlin location.
JTRE entered the German real estate market with the acquisition of its first project in the emerging Europacity modern district and the establishment of the JTRE Germany branch last year.
Designed by gmp Architekten, the Nordhafen Living & Office project has a building permit for a 33,000 sqm mixed-use block. Over half will be residential, with 150 residences set aside for long-term rental. Office space will comprise another third, and retail and gastronomy will complete the remaining areas. Nordhafen Living & Office will be a target destination for active living and creative working.
Groundwork will begin this May and base building construction will start at the end of the summer. The project is scheduled for completion in 2027.
"Europacity is a large project in the 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 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. This vision is being developed following JTRE's strategy to create integrated living urban neighbourhoods in riverside locations," says Lukáš Sásik, director of international operations at JTRE.
