Instone acquires site in Berlin to develop apartments

German residential developer Instone Real Estate acquired a 25,000 m2 plot on the former Schlosspark-Klinik site in Berlin-Charlottenburg to build a new residential quarter.

Property with views of the Schlosspark and Schloss Charlottenburg

The project plans for approximately 640 apartments, totalling about 42,500 m2 of residential floor space, comprising a mix of owner-occupied, privately funded rental, and social housing. All new buildings will meet the EH40-QNG sustainability standard, while two existing heritage buildings will be renovated and converted into residential units. Construction is slated to begin in 2028, with completion expected by 2033.

The development will be a collaboration with Instone’s subsidiary, Nyoo Real Estate GmbH, which specialises in efficient housing concepts. Instone will develop around 370 new owner-occupied apartments and 24 refurbished units, while nyoo will handle the rental component: approximately 190 privately financed and 50 subsidised apartments.

The project features high-quality, multi-storey architecture with extensive open spaces.

The site on Heubnerweg is near Schlosspark Charlottenburg, with a future public pathway connecting directly to the park. The location offers excellent public transport access, including Westend S-Bahn station, and is close to retail, educational, and medical facilities.

Saidah Bojens, branch manager for Berlin and Saxony at Instone Real Estate Development, said: “This presents a rare opportunity to develop a neighbourhood comprising several hundred apartments based on existing planning permission. The secure planning framework and the quality of the location make the site particularly attractive to us. The constructive support from the district has facilitated the process from the very beginning.”