Empira Group secures financing for Berlin's Ku’damm Eck

Investment manager and real estate developer Empira Group has secured financing and is set to begin construction on the iconic Ku’damm Eck property in Berlin. 

Ku’damm Eck, Berlin

The project's repositioning is complete, with financing in the mid-three-digit million euro range secured through Berlin Hyp and Münchener Hypothekenbank.
Key successes include a 97% pre-letting rate, long-term leases with established tenants, and the granting of a building permit for comprehensive revitalisation. Empira has also signed an agreement with a specialised general contractor and aims for DGNB Platinum certification. Construction is slated to start in spring 2026, with handover of rental areas from 2027.
Ku’damm Eck will be transformed into a modern mixed-use landmark featuring hospitality, conference and event spaces, gastronomy, and contemporary workspaces. New key tenants include Ruby Hotels, opening its largest German hotel with 375 rooms, and Spark, a highly digitalised conference and event centre. The property will also feature a publicly accessible rooftop terrace.
Steffen Bartl, managing director – head of Debt Solutions at Empira Group, said: "Especially in the current challenging market environment, the successful completion of a financing of this scale and complexity sends a strong signal. It underlines both the quality of the asset and Empira’s development, financing and structuring expertise." 
Marcus Bartenstein, CEO of Empira, added: "The fact that we were able to develop a commercial property of this size and complexity in a prime inner-city location under current market conditions is the result of our integrated investment and financing expertise. The vertical integration of asset management, development, construction and financing, as well as the close collaboration across our expert teams, was decisive. This transaction also underlines the importance of long-term partnerships and trusted cooperation with banks and investors." 
The revitalisation of Ku’damm Eck will contribute to the further development and revitalisation of Kurfürstendamm — one of Europe’s most important shopping and business districts.