Real Estate
-
BERLIN
“Berlin is for me one of the most fascinating cities in the world because it embodies the freedom and challenge of our time.”
– Nicolas Berggruen
Berggruen Holdings Gmbh is an independent, owner-managed real estate investment company. We buy, renovate, modernize and rent residential, office and commercial properties in Berlin.
Our goal is to build a long-term real estate portfolio of diverse buildings that have character. For us, real estate is more than just an investment. We are interested in architecture, aesthetics and art as well as cash flow.
Nicolas Berggruen founded the company in October 2005 together with Samuel Czarny, who heads day-to-day operations from an office in Berlin-Charlottenburg. Since then, around 450 million euros have been invested in the acquisition and renovation of around 100 properties with a total of around 300,000 square meters of building space in Berlin and Potsdam.
The properties include apartment buildings as well as 17 partially listed industrial estates and outstanding special properties, such as the Cafe Moscow. The main interest is in buildings with unique character in locations with development potential.
https://www.berggruenholdings.de
-
PARIS
In June 2017, Berggruen Holdings founded Berggruen France Properties, or BFP. Managed by Rodolphe Zellitch, BFP owns and manages a long-term diversified real estate portfolio in France.
Around 220 million euros have been invested in the acquisition and renovation of four properties with a total of around 20,000 square meters of building space in Paris. With properties located primarily in Paris’s Central Business District, BFP attracts tenants seeking a strategic location and superior amenities. The portfolio mainly comprises fully modernised residential, office and premium retail units in prime locations.
BFP seeks to meet the ambitious goal of serving the very exacting prime rental market by offering the best buildings in Paris. This requires specific expertise and in-depth knowledge of the market, its products, its customers and their business requirements. Reinvented and beautified, each building becomes a matchless ecosystem of residential and offices that are outstanding both in the quality of their amenities on offer and in their ability to accommodate the latest trends in living and the workplace.
Berggruen Holdings also is on the forefront of the Real Estate Rental market. You can learn more about our real estate rentals on our sister site:
https://www.blackdoor.paris/
-
PACIFIC NORTHWEST
Berggruen Holdings began investing in commercial real estate on the West Coast in 2009. In 2014, the investments were rolled into a holding company, NBP Capital. NBP Capital is a vertically integrated commercial real estate investment platform, focused on five core businesses: asset management, development, construction, property management and hospitality. By taking a long-term view to real estate and applying a hands-on and localized approach to fund management, NBP Capital delivers compelling risk-adjusted returns through controlling the management and development process.
This flexibility and control allow for an agile management team and this translates into developments that positively contribute to the urban landscape through thoughtful architecture, place-making and community engagement. NBP Capital has a market value of $1B and is active in Portland, Los Angeles and Seattle. The fund has 4M square feet under management, 4M square feet in development planning, 2,500 apartment units under management and is invested across all asset classes.
www.nbpcapital.com
-
NEW YORK
Firebird Grove is a vertically-integrated boutique real estate investment firm that acquires, repositions, and rents multi-family properties. Our four core businesses include investment management, asset management and activation, property management, and proptech. Firebird Grove seeks to improve the operational and financial efficiencies of our properties while enhancing the tenant experience throughout the investment lifecycle.
In 2020, Berggruen Holdings and Firebird Grove began a partnership, Oculus, to build a long-term, customized investment portfolio of multi-family properties in New York City, with a specific focus on historic buildings in Brooklyn and Manhattan. The partnership is targeting a portfolio size in excess of $500 million with a particular focus on under-managed and operationally distressed properties in prime neighborhoods offering significant long-term capital appreciation.
As partners, we view real estate as more than just an investment. In addition to focusing on increasing cash flows and refining our properties, we are also interested in art, design, and technology.
www.firebirdgrove.com
-
BEVERLY HILLS
The Beverly Estate is a historic property formerly known as the Hearst Mansion, the Hearst Estate, the Beverly House, and the Getz House. The property was formally renamed to the Beverly Estate in 2022. The property is located at 1011 North Beverly Drive in Beverly Hills, California.
The mansion, designed by architect Gordon Kaufmann and constructed in 1926, blends together influences from various architectural styles. Often described as being built in the Mediterranean Revival style, the mansion features a Spanish colonial facade coupled with Italian-style gardens. The terraces outside the home can accommodate a party of up to 400 seated guests, and the home can accommodate more casual parties of up to 1,000 guests. The landscaping was designed by Paul Thiene.
The property occupies a place of historic and cultural significance in Beverly Hills, having previously served as the residence of film star Marion Davies and her partner, William Randolph Hearst. Notably, President John F. Kennedy and his wife, Jacqueline, stayed at the mansion during their honeymoon. Joseph Kennedy also used the mansion as his headquarters during the 1960 Democratic National Convention in Los Angeles. It has served as a location for films such as The Godfather and The Bodyguard, and more recently a music video by Beyoncé for the singer’s Black Is King album.
https://www.beverlyestate.com/