Estavis to Develop Apartments at Former Brewery in Berlin
Germany-based Estavis has acquired a former brewery in Berlin with plans to redevelop the property for residential and commercial space for a total investment volume of approximately €43 million. The brewery, located in Berlin’s Friedrichshain district, is a historic listed building that was once the largest brewery in Europe.
The development comprises 8,400 square metres of existing space and an additional 5,500 square metres of space are planned. Estavis plans to develop 152 apartment units and nine commercial units.