November 22, 2016

Starting shot for Mendelssohn-Palais bidding procedure

The international bidding procedure for the historic Mendelssohn-Palais in the center of Berlin is now open. Investors will now have the opportunity to submit bids for this unique building that is closely linked with the history of the Mendelssohn banking family. Bids may be submitted until December 23rd 2016, following registration for the bidding procedure on the website at The ABDA - Federal Union of German Associations of Pharmacists commissioned the consulting company, BÜRO DR. VOGEL GMBH, with the execution of the bidding procedure.

The ABDA made use of the Mendelssohn-Palais as its headquarters for the past 14 years. The building, with a net usable area of 3,760 square meters, was built for the Mendelssohn & Co. bank between the years of 1891 and 1893 according to the plans of the architects Schmieden und Speer. It is located in the direct vicinity of the Gendarmenmarkt and is therefore right in the heart of Berlin. It numbers among the few remaining, and faithfully preserved historic buildings in these exclusive surroundings.

The website provides detailed information on the Mendelssohn-Palais and the bidding procedure. Until the end of the first bidding phase, interested parties are able to register there to take part in the procedure as a whole. The cut-off date is December 23rd 2016, at midnight.