BlueRock Group completes €50m in property deals in 2025

Zurich-based real estate investor BlueRock Group (BlueRock) wrapped up 2025 with €50 mln in office and residential property transactions. 

Ronny Pifko - BlueRock Capital Group

This included purchasing seven Berlin residential buildings, offering roughly 14,200 m2 across 193 residential and 15 commercial units. Additionally, an office property in Cologne from a BlueRock fund was sold to an international industrial company. By the end of 2025, BlueRock's assets under management stood at approximately €650 mln.
BlueRock's residential property strategy in Berlin is a collaborative effort with MB Advisors, who handle acquisitions and asset management. 
Despite a tough market, proactive asset management and a value-add residential investment strategy—including densification—led to the successful refinancing of six centrally located Berlin residential buildings last year, with Berliner Sparkasse as the financing partner. More refinancings are already secured for Q1, driven by strong value appreciation.
In 2025, BlueRock partnered with global alternative asset manager Tikehau to build another residential property portfolio. The goal is to acquire around 1,000 residential units within Berlin's S-Bahn ring over the next two years, focusing on properties with development and value enhancement potential. Two club deals using this approach were already completed in 2025.
Looking ahead, BlueRock anticipates a gradual recovery in the office market. This will bring selective investments in the German office property market back into focus, specifically targeting core and core-plus strategies in Germany's top seven cities.
For 2026, BlueRock will also prioritise the development, value creation, and preservation of its existing office portfolio.  BlueRock has adapted to market shifts, addressing ESG requirements, rising maintenance costs, and changes in corporate leasing behaviour.
BlueRock Group continues acquisitions in 2026, targeting opportunities in the residential and office property markets
Ronny Pifko, CEO of BlueRock, explained: "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."
BlueRock Group specialises in office properties in Germany and residential properties in Berlin, managing an active portfolio of over 55 prime properties in central locations across major and secondary cities.