Mitte as an investment location for real estate
Premium city center locations with international demand
As the political, cultural and economic center of the capital, Berlin-Mitte stands for maximum visibility, strong willingness to pay and a broadly diversified tenant and buyer base, supported by the government district, embassies, global companies, media and tech clusters around Unter den Linden, Hackescher Markt and Alexanderplatz. The residential and commercial segment is characterized by a mix of older buildings, high-quality gap developments, landmark new builds and revitalized stock, which structurally strengthens re-letting and exit prospects in prime locations.
Market image, price levels and lettability
Mitte is one of Berlin's most valuable addresses with average asking prices of around €8,100/m² for existing properties and around €10,730/m² for new builds, as well as an international buyer and tenant base. The average asking rent for existing properties is around €22.65/m² and for new builds around €30.90/m², which underlines the premium positioning and the sustained high demand in central districts. Despite cyclical adjustments, the level remains at a peak, while the supply figures have fallen over the years, highlighting the shortage in established micro-locations.
Micro-locations and future impetus
The strongest investment microlocations combine prestige, culture and public transport connectivity: Regierungsviertel, Unter den Linden, Museum Island, Oranienburger Straße and Torstraße with ongoing upgrades in mobility and urban space quality. Development and revitalization impulses around the zoo, Hardenberg/Hertzallee also have an impact on adjacent central markets via the City-West axes, while Mitte itself is further increasing the quality of stay and diversity of use through redesigns such as on Torstraße. Milieu protection and planning frameworks, for example in the Alexanderplatz district, characterize the portfolio strategy and require careful ESG and repositioning approaches for sustainable value development.
Standard land values for Mitte
The standard land values for Mitte can be found in the standard land values for Berlin here.