According to media reports, the Eurofund Group has agreed to acquire a 50% stake in the Mall of Berlin, one of the city’s most prominent shopping and mixed-use centers. The deal, revealed by Green Street News, values the entire asset at approximately €700 million.
Located on the prestigious Leipziger Platz in the heart of Berlin-Mitte, the Mall of Berlin spans 125,000 square metres and comprises not only extensive retail space but also 220 residential units and a Motel One hotel. The property was brought to market earlier this year by its current owners—local developer High Gain House Investments (HGHI) and Arab Investments, which is managed by the Affara family office.
Despite receiving offers for a full acquisition, the sellers opted to stay partially invested, signing an agreement for a 50% sale to Eurofund last week according to Green Street News. The process has been managed by CBRE on behalf of the sellers, and the transaction is expected to close after the summer.
While Eurofund has not officially confirmed or denied the deal, the move aligns with the group’s recent strategy. CEO Ian Sandford has repeatedly emphasized the company’s appetite for acquisitions and views Germany as a particularly attractive market. In 2023, Eurofund already made headlines with the strategic purchase of the Rhein-Ruhr-Zentrum in Mülheim.
Eurofund currently operates in Spain, Portugal, the United Kingdom, Italy, and Germany, and the Mall of Berlin acquisition would mark another major step in its European expansion.
