Zurich, 15 January 2026 – BlueRock Group (BlueRock) completed office and residential property transactions with a total volume of EUR 50 million in 2025. This included the acquisition of seven residential buildings in Berlin, comprising 193 residential and 15 commercial units, offering around 14,200 square metres of lettable space. In addition, an office property in Cologne, from a BlueRock fund, was sold to an international industrial company. As a result, BlueRock had assets under management of approximately EUR 650 million at the end of 2025.
Dense network strengthens position in the Berlin residential market
In its activities in the Berlin residential property market, BlueRock works closely with MB Advisors GmbH, which is responsible for identifying and executing acquisitions of residential buildings and for implementing BlueRock’s strategy in ongoing asset management. This partnership will continue this year, as BlueRock plans a significant expansion of its investment and development activities.
Active asset management and the implementation of a value-add-oriented residential investment strategy, including densification measures in the residential segment, contributed to the successful refinancing of six residential buildings in central locations in Berlin over the past year, despite a challenging market environment. The Berlin savings bank Berliner Sparkasse acted as financing partner. Further refinancings are already secured for the first quarter, supported by strong value increases.
Owing to its strong market position, BlueRock was selected in 2025 by Tikehau, a global alternative asset management group, as a joint venture partner. The aim of this cooperation is to build another residential property portfolio based on the same value-add strategy that BlueRock has been implementing successfully in Berlin since 2019. Around 1,000 residential units with development and value enhancement potential within the Berlin S-Bahn ring are to be acquired over the next two years. Using this approach, two additional club deals were already completed in 2025.
Actively managing challenges and capturing opportunities in the office property market
BlueRock expects a gradual recovery in the office market in the coming months. As a result, selective investments in the German office property market are moving back into focus, particularly for core and core plus strategies in the top seven cities.
At the same time, the further development, value creation and value preservation of the existing office portfolio will be key priorities in 2026. BlueRock is drawing on its long-standing expertise in active asset management and has adapted to changing market conditions. This includes addressing ESG requirements, rising maintenance costs and changes in corporate leasing behaviour.
Ronny Pifko, CEO of BlueRock, explains: "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."