Berlin’s Gropius Passagen, spanning 95,000 sqm with more than 150 tenants and generating annual sales above €200 million, has been acquired by Hayfin. The centre is the leading retail destination in Neukölln and ranks among Germany’s most significant shopping hubs. Pradera has been appointed asset manager and will oversee a programme to modernise the complex, including new medical facilities, improved access, and reconfigured retail units.
Hayfin’s Managing Director Carlos Colomer said the acquisition offers exposure to a locally dominant asset in Europe’s largest retail market, combining stability with value-add opportunities. JLL, Gleiss Lutz and Macfarlanes advised Hayfin, while CBRE, ambas and Hauck Schuchardt represented the vendor.
