M&G and BlueRock Group join forces to expand Berlin's housing market

Two industry leaders are reshaping Berlin's skyline with sustainable, high-quality housing. Their €90B-backed partnership targets the city's most coveted districts—where demand never sleeps.

, and Administrator

2026 February 26 . 7:01 AM

1 min read

The image shows a plan of the city of Berlin, Germany, with a drawing of a building in the center.... — The image shows a plan of the city of Berlin, Germany, with a drawing of a building in the center. The text on the paper provides further details about the plan, such as the layout of the buildings and the surrounding area.

M&G and BlueRock Group join forces to expand Berlin's housing market

M&G Real Estate has recapitalised a Berlin residential portfolio through a joint venture with BlueRock Group. The deal will fund the development of 75 new homes, 302 apartments, and 27 commercial units in the city centre. Both firms have emphasised their focus on quality and long-term value in the real estate sector.

The portfolio includes 13 multi-family buildings located in sought-after Berlin districts. These areas—Mitte, Friedrichshain-Kreuzberg, Tempelhof-Schöneberg, and Neukölln—are known for high demand and ongoing modernisation efforts.

M&G Real Estate's Capital Partnerships team collaborates with global institutional investors to design flexible funding solutions. Peter Riley, a representative from the firm, stated that this transaction highlights their ability to provide tailored capital for real estate projects.

BlueRock Group's Ronny Pifko stressed the partnership's dedication to responsible development. He noted that the joint venture aims to enhance Berlin's housing market by delivering well-designed, sustainable properties.

M&G Real Estate operates as part of M&G Investments' broader €90 billion private markets division. The business also invests in infrastructure, private credit, private equity, and impact-driven strategies alongside real estate.

The joint venture will expand housing options in central Berlin while reinforcing both companies' presence in the real estate market. The project adds to ongoing efforts to meet demand in key neighbourhoods. Construction and upgrades are expected to proceed under the partnership's shared commitment to quality and value.