PATRIZIA launches EUR 500m Berlin residential development programme as part of its pan-European Living strategy

PATRIZIA has launched a Berlin residential seed portfolio, targeting a total development volume of up to EUR 500 million in one of Europe’s most structurally undersupplied housing markets.

  • PATRIZIA will initially develop 2.000 residential units in an undersupplied market in of one of Europe’s leading and fast growing urban centres
  • Residential seed investment will strengthen PATRIZIA’s pan-European Living investment platform
  • Berlin residential investment strategy is aligned with the long-term living and urbanisation transitions reshaping Europe’s housing markets

Berlin, London. 9 March 2026. PATRIZIA, an investment manager in global real assets, has launched a Berlin residential seed portfolio, targeting a total development volume of up to EUR 500 million in one of Europe’s most structurally undersupplied housing markets.

PATRIZIA will develop an initial pipeline of around 2,000 residential units over the coming years, with up to EUR 200 million of equity capital to be deployed through PATRIZIA’s Living strategy within the overall EUR 500 million development programme.

The Berlin seed portfolio is part of PATRIZIA’s pan-European Living investment platform, which is deploying capital into high-conviction, value-add residential opportunities in structurally undersupplied urban markets across Europe.

With EUR 17.5 billion in Living assets under management, PATRIZIA is one of Europe’s largest residential investment managers and continues to grow its platform across major urban markets.

Antonio Marin-Bataller, Head of Investment Management Living at PATRIZIA, commented: “Berlin remains one of Europe’s most compelling residential markets, driven by sustained urbanisation and a persistent shortage of new housing supply. Our strategic investment reflects our conviction in value-add Living opportunities aligned with the long-term Living transition shaping European cities. By forward-funding high-quality residential assets in strong micro-locations, we aim to build core-quality portfolios with attractive risk-adjusted return potential. We continue to see similar opportunities emerging across our European Living platform.”

PATRIZIA will combine its 42 year track record in residential investments with its local development expertise to deploy institutional capital with attractive long-term value creation. PATRIZIA’s strategic goal is to deliver high-quality housing in some of Berlin’s most attractive micro-locations.

Berlin currently faces a significant housing shortfall, with building permits and completions at historic lows while rental demand remains high. Over recent years, the city has recorded some of the strongest rent growth among Germany’s top metropolitan markets. PATRIZIA’s Berlin seed portfolio establishes a long-term partnership with a leading developer to secure development rights and managing construction; PATRIZIA retains responsibility for investment strategy, financing and asset management oversight.

 

Contact

Matthew Richards

+44 7471 999746

Matthew.Richards(at)patrizia.ag

 

 

PATRIZIA

PATRIZIA has been providing investment opportunities in smart real assets for institutional, semi-professional, and private investors for more than 40 years, focusing on real estate and infrastructure. PATRIZIA’s investment solutions are driven by the “DUEL” megatrends - digital, urban, energy and living transitions - and capitalise on the opportunities arising from these transformative global shifts. PATRIZIA currently has approximately EUR 56bn in assets under management (AUM) and employs around 800 professionals across 26 locations worldwide.

PATRIZIA has been committed to making a positive impact since its founding. In 1992, the company began collaborating closely with Bunter Kreis (“Colourful Circle”) in Germany to provide aftercare for children with severe diseases. Since 1999, the PATRIZIA Foundation has provided more than 750,000 children and young people worldwide with access to education, healthcare and a safe home, enabling them