The real estate developer Livory has acquired a development site with a vacant building in Erkner, Brandenburg. The seller is Covivio. The property is a former supermarket located at Bahnhofstraße 5. The purchase price has not been disclosed.
The approximately 6,000 m² site is centrally located directly next to Erkner railway station. Bahnhofstraße provides access to the property from the north, with a local retail center situated on the opposite side of the street. To the south, the site borders the federal waterway Flakenfließ. The waterfront location offers a high quality of stay and creates a quiet, green environment despite the urban setting.
With this acquisition, Livory is transforming a former commercial property into a site with prospects for urgently needed, affordable rental housing. A preliminary building permit (Bauvorbescheid) has already been granted for the site, and the building permit application was submitted at the end of 2025.
The planned development comprises a total gross floor area of approximately 12,000 m², 142 residential units, and additional commercial space along Bahnhofstraße. A restaurant space with outdoor seating is planned facing the Flakenfließ. The current plans also include stepped upper floors and rooftop terraces.
Henryk Pilz, Mayor of the City of Erkner, commented:
“With this visually and technically very sophisticated construction project, the development plan of the City of Erkner is being brought to life. In the future, a previously underutilized area will be enhanced with urgently needed housing, a waterside restaurant, and various commercial spaces. I am very pleased that the property developers, in committed and trust-based cooperation with the city administration and many other authorities, have successfully developed this structurally and planning-wise challenging site for the future. I wish them every success with the upcoming construction phase and the subsequent commencement of use, and above all a tangible added value for our city.”
Manuel Al Hamwi, Head of Development at Livory, added:
“The acquisition in Erkner fits very well with our investment strategy. The proximity to the railway station and the resulting excellent connection to Berlin, as well as the direct waterfront location, make the site an attractive development opportunity. Our goal is to create new, affordable housing here while at the same time delivering urban development value for Erkner.”
Erkner is located in the Oder-Spree district on the southeastern edge of Berlin and is characterized by excellent connections to the capital. Berlin Ostkreuz station can be reached by regional train in around 15 minutes. By car, there is also a fast and convenient connection via the Berlin Ring (A10 motorway) and the surrounding federal highways.
Livory was advised legally on the transaction by the law firm POELLATH.
