LINUS provides EUR 5 M mezzanine financing for the acquisition and revitalization of an office development in the south-western part of Berlin. The office building with approx. 15,000 sqm lettable space is situated in a good location close to a train station and a shopping mall. The property developer plans to conclude new leases after the current tenants have vacated the premises in August 2018. Once it is fully let, the property will be placed back on the market.
„Large office premises with moderate rents are scarce in Berlin’s current market. From our experience we can tell that the demand for office space in the lower price range in Berlin is increasing. Therefore, we are happy to engage as a mezzanine partner in this project and are currently searching for comparable investment opportunities“, says David Neuhoff, CEO of LINUS.
LINUS is an entrepreneurial investment boutique focused on real estate finance, with a comprehensive digital approach. LINUS provides mezzanine capital for commercial and residential real estate developments in A- and B- cities in the DACH-region and Greater London Area. LINUS finances a wide range of developments including property developments, value-add projects and land banking. LINUS operates a digital investment platform that allows professional investors to co-invest alongside LINUS.
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CFO LINUS GmbH
Karl-Marx-Allee 3 | 10178 Berlin
T: +49 30 400 543 18
E: [email protected]