DERECO and KLINGSÖHR let 13,000 sqm to SRH Berlin University of Applied Sciences
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DERECO and the KLINGSÖHR Group have signed a tenancy agreement with SRH Berlin University of Applied Sciences for 13,000 sqm inside the SHED project, a property in the Neukölln district in Berlin. The SHED is located in the immediate vicinity of the circle line of Berlin’s light railway, i.e. the S-Bahn ring. It is being developed as a joint venture by the Klingsöhr Group and the multi-family office DERECO. The University intends to move into these new premises in 2023. “We’re glad we’ve been able to attract SRH as a tenant,” says Stefan Klingsöhr, Managing Director of the Klingsöhr Group. “This means that the Neukölln district is going to be home to a university now, which clearly indicates that the neighbourhood – and southern Neukölln in particular – is continuing to develop positively,” Klingsöhr says. SRH is an accredited private university established in Berlin in 2002. Students from a hundred countries are enrolled for the university’s 65 study courses, which include management, media, technology and IT, design and communication or music and film.

“The SHED in Neukölln is the perfect place for our new campus. It’s conveniently located with excellent public transport connections. What is more, a new urban neighbourhood is evolving on the waterfront near the heart of Neukölln, opening up new space for study, research and creativity,” says Dr Thorsten Bagschik. The future SRH campus in Berlin will be large enough for up to 3,500 students. “For the time being, our schools are distributed throughout Charlottenburg, Kreuzberg and Schöneberg. The new integrated campus is bound to strengthen and facilitate already existing connections between our various study courses,” Bagschik says.

A new high-tech hotbed

“This tenancy agreement fits perfectly into the dynamics of this trendy high-tech spot in the south of Neukölln, an area formerly associated with traditional manufacturing,” says David Noll, DERECO’s CEO. “Prominent fast-growing start-ups like Blinlist or Zattoo have set up offices in the vicinity of the campus. Other companies – young and established alike – are desperately searching for real estate. As far as our neighbouring project, HOHE NEUN, is concerned we’ve noted strong demand from the high-tech sector and from traditional companies as they want to be as close as possible to innovative MINT businesses.”

A vibrant neighbourhood in the making

Covering a 15,600-sqm plot, the SHED boasts some 30,000 sqm of floor space for offices, laboratories, low-emission manufacturing and start-ups. The construction is located on the banks of the Neuköllnischer Schifffahrtskanal waterway within a zone earmarked for urban development, “Neue Ufer” (new shores). Restaurants inside a “Common Hall” and spacious terraces on the canal will add to the appeal of this lively neighbourhood-to-be, not least because the public will be given the access to the canal they had long been denied. In total, some EUR 200m is expected to be invested. Project finance is managed by Berliner Sparkasse bank.

Top central Berlin standards at much lower prices

“The SHED offers the same quality and technical standards as similar buildings in Mitte or Charlottenburg,” says Klingsöhr. “If you want to rent space in the SHED, you’ll pay much less then in Berlin’s prime locations,” he adds. All space is designed to order, tailored to the tenant’s needs, and can be flexibly adjusted to different ways of working and to accommodate for a variety of layouts. In addition, the SHED is being developed to meet the highest technical standards, with LEED Platinum certification envisaged.


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Sonia Pezzotta joins DERECO’s asset management team




The Cologne-based multi-family office for real estate assets DERECO is staffing up its asset management team. Sonia Pezzotta, aged 48, joined on 1 January 2021.

Sonia Pezzotta is a real estate expert with over twenty years of experience in asset and investment management who spent various stages of her career at HIH, Corpus and SwissLife. In these companies, she mainly worked in the field of commercial properties in risk categories ranging from core to value-add.

DERECO’s current investment strategy continues to focus on residential, office and retail properties on stock all over Germany and portfolios expected to increase in value. In addition, DERECO develops individual constructions and neighbourhood projects.