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Berlin Buys Moabit Courthouse Complex, Ending Costly Lease

Property manager BIM projects clear 30-year savings by shifting spending from rent to upkeep.

Overview

  • The state of Berlin purchased the 1994-built courthouse complex on Kirchstraße in Moabit that houses the Amtsgericht Tiergarten, the Administrative Court and the public prosecutor’s office.
  • The acquisition replaces a lease that was due to expire in 2029, securing the justice location for the long term.
  • BIM says ownership is economically advantageous over three decades by redirecting funds from external rent to maintaining a state-owned asset.
  • The seller CA Immo said the site previously brought in about €5 million in annual rent, while officials have not disclosed the purchase price.
  • The complex spans roughly 29,700 square meters with about 950 workstations, courtrooms, seven floors, a canteen and around 100 underground parking spaces.