Bonava sells 354 energy-efficient apartments in Germany’s housing push
Bonava has finalized a series of major residential sales in Germany, offloading four projects with 354 apartments across Berlin, Hamburg, and Leipzig. The deals, totaling around €113 million, include a mix of rental and subsidised housing. One key project, Lichtenrader Bogen in Berlin, will now be developed by state-owned housing provider degewo. In Berlin's Tempelhof-Schöneberg district, Bonava sold 55 rental apartments at Lichtenrader Damm to degewo. Of these, 41 will be publicly subsidised, while 18 are designed as barrier-free units. The development will also feature 79 privately owned condominiums, with the entire project set for completion by the end of 2027. The Lichtenrader Bogen project goes beyond standard housing. It includes daycare facilities, energy-efficient construction, and a roof designed to boost biodiversity. Photovoltaic panels and heat pumps will provide electricity and heating, cutting long-term energy costs. This aligns with Berlin's push for sustainable urban living. Elsewhere in the capital, Bonava sold 144 rental apartments in Cecilien-Carré to another state-owned company, GESOBAU. Across all four sold projects, roughly half of the units are publicly subsidised, and many meet accessibility standards. The transactions reflect a broader trend of public-sector investment in affordable housing. The sales mark a significant shift in ownership, with state-backed firms now overseeing these developments. By 2027, the projects will add hundreds of energy-efficient, subsidised homes to the market. The focus on sustainability and accessibility remains central to their design and operation.
