PRIMUS secures financing exceeding €250 million
PRIMUS Secures Over 250 Million Euros in Project Financing Since the Beginning of the Year
- A reliable partner for banks – even in challenging times
- Four construction projects successfully financed in Berlin
Berlin, April 16, 2025 – PRIMUS Immobilien AG, a leading real estate developer with a focus on residential construction in Berlin, has secured project financing exceeding 250 million euros since the beginning of the year for a total of four developments in the German capital.
“In the current tense market environment, obtaining financing for development projects is far from a given. All the more gratifying is the fact that our PRIMUS projects are met with great trust from banks and institutional partners,” says David Neuhoff, CFO of PRIMUS.
Financing partners – HVB/UniCredit, Berliner Sparkasse, DZ HYP, and a major German insurance company – are supporting four premium developments with a total gross development volume of over 400 million euros and more than 70,000 square meters of gross floor area. Three of the projects focus on much-needed rental housing; one is a hotel and serviced apartment concept, which is already 100% pre-leased. All projects are located in highly sought-after areas of Berlin: Prenzlauer Berg, Charlottenburg, and Kreuzberg.
The developments are now fully financed and scheduled for completion in 2027 and 2028. These successful financings are not only a testament to the quality and appeal of the projects, but also a clear vote of confidence in PRIMUS as a first-class partner in the Berlin real estate market.
“Even in the face of today’s challenging conditions, PRIMUS proves to be a reliable partner – with strong concepts, deep market expertise, and compelling project locations. Residential real estate remains our strategic focus. For 2025, we are planning further acquisitions in both the rental and condominium segments,” adds Sebastian Fischer, CEO of PRIMUS Immobilien AG.
About PRIMUS Immobilien AG
PRIMUS Immobilien AG is a leading developer of high-quality residential, office, and hospitality real estate. The team is driven by a passion for developing architecturally ambitious buildings with a spirit of innovation. Since 1993, PRIMUS has combined aesthetics and sustainability to create timeless structures in prime locations and to the highest standards of quality.
As an owner-managed company, PRIMUS has grown into a fully integrated real estate platform comprising in-house development and architecture teams, investment and finance specialists, as well as long-standing partnerships with contractors and industry experts.
With more than 30 years of experience and a strong track record, PRIMUS has successfully realized a wide range of projects across residential, office, and hospitality asset classes. The current portfolio includes nine developments in Berlin with a gross development value (GDV) of approximately 1 billion euros.
PRIMUS’s strong market position is further enhanced through its partnership with a single-family office as shareholder – underlining the company’s commitment to excellence and distinctive architecture.
You can download the full press release here.