June 24, 2016

The Mendelssohn-Palais comes onto the real estate market

Open bidding process in the 4th quarter of 2016 - Advance notice for the sale of one of the last available, and faithfully preserved, Berlin palaces in the direct vicinity of the Gendarmenmarkt.

The sale of the Mendelssohn-Palais in an open bidding procedure offers the international real estate market a unique investment opportunity. Built between the years of 1891 and 1893, the historic former banking house of the Mendelssohn family has retained its historical character to this day. After more than 13 years of use as its headquarters, the ABDA - Federal Union of German Associations of Pharmacists, commissioned the BÜRO DR. VOGEL GMBH with the sale of the property in a bidding procedure specially developed for this purpose. Interested parties can get immediate information about the property and form an impression of the building’s unique qualities, by visiting www.mendelssohn-palais.de. As of the fourth quarter of 2016, interested parties will be able to acquire this historic building in the center of the German capital in the bidding process free of commission.

The building on Jägerstraße, constructed by the architects, Heino Schmieden und Rudolf Speer, is located in the direct vicinity of the Gendarmenmarkt. The neo-classical façade of the Mendelssohn-Palais reflects the splendor of the former financial center of Berlin. Today, this area between the Brandenburg Gate and Alexanderplatz is the commercial, administrative and government center of the capital city. Corporate headquarters, hotels, cultural institutions and governmental and higher education institutions shape the surrounding area.

With a surface area of 1,408 square meters and a net floor space of around 3,800 square meters over three full floors, the Mendelssohn-Palais offers a wide variety of future usage possibilities. The light-flooded counter hall, the old vaults and a “Gold Room” with exposed steel bands and the former directorate rooms of the former bank characterise the prestigious character of the building. Alongside the numerous historic rooms that have been kept in exceptional original condition, the Palace also boasts a larger number of modern offices in the upper floors.

Interested parties can find more information about the Mendelssohn-Palais and the bidding procedure by visiting the website: