Gabriel Capital Partners presents Münsterland Studios · Berlin
52.507° N · 13.498° E — Berlin, Lichtenberg
Residential Planning Secured · Completion Q4 2028
PBSA Development Opportunity · Berlin-Lichtenberg · Residential Planning Secured

A pre-developed
322-unit PBSA opportunity
in inner-city Berlin.

A 322-unit PBSA development with secured residential planning in well-connected, inner-city Berlin — positioned for forward funding.

322
Apartments
7,100m²
Residential GFA
Q4 '28
Completion
Request Investment Memorandum via standard NDA
Münsterland Studios Berlin · architectural rendering of the 322-unit PBSA building seen from the railway side
Rendering · Münsterlandstraße 5 · Berlin-Lichtenberg 01 / 02
Structured forward-funding opportunity for institutional PBSA platforms.
01 Investment Case

The investment thesis
in six points.

A well-positioned inner-city development opportunity in one of Berlin's most dynamic residential submarkets, combining secured planning with strong structural demand.

I.

Strong Demand

Berlin continues to face a structural housing shortage, with rising student numbers and limited PBSA supply.

II.

Micro Location

Lichtenberg is emerging as a key inner-city growth district with excellent connectivity and strong value potential.

III.

Planning Security

The project is based on §34 BauGB with a positive preliminary planning approval (Bauvorbescheid).

IV.

Product Fit

PBSA is significantly undersupplied in Berlin, with increasing demand from institutional investors.

V.

Exit Liquidity

Attractive for forward funding structures and long-term core investors.

VI.

Execution / Readiness

Advanced planning and design enable a streamlined path towards building permit and implementation.

Aerial view of the Münsterland Studios site in Berlin-Lichtenberg, showing block-edge urban context and railway corridor
Site Context · Berlin-Lichtenberg Inner-city block edge · adjacent to railway corridor · established residential surroundings
02 Key Facts

The numbers,
at a glance.

Address Münsterlandstraße 510319 Berlin-Lichtenberg
Site Area 4,026 m²Inner-city plot, full block edge
Gross Floor Area (GFA) 9,000 m²Above-ground, per Bauvorbescheid
Residential Area approx. 7,100 m²Net living space
Units 322 Apartments1-bedroom studios · ø 22 m²
Use Residential / PBSAFlexible product strategy
Planning Basis §34 BauGBInner-city consolidation
Status Bauvorbescheid SecuredPositive preliminary decision in place
Completion Q4 2028Opening WS 2028/29
Transaction Structure Forward Funding / Asset SaleDe-risked entry · milestone-based payments
PBSA Prime Yield · Berlin ~ 4.50 %Stabilised · market reference
03 Planning & Zoning

Secured planning.
Clear framework.

The development is based on §34 BauGB and benefits from a positive preliminary building decision (Bauvorbescheid). The planning framework allows for residential use, with PBSA considered a compliant and viable development option within the existing parameters.

  • Planning basis: §34 BauGB
  • Positive Bauvorbescheid secured
  • Residential use approved
  • PBSA feasible within planning framework
  • No fundamental replanning required
Project Timeline · Indicative

From land purchase
to handover.

Indicative timeline. Quarter-level granularity for planning purposes — actual dates subject to authorities and contractor schedule.
  1. 1
    March 2026
    Land Purchase
    Notarised · 4,026 m² Lichtenberg
  2. 2
    April 2026
    Bauvorbescheid
    Use & GFA legally confirmed
  3. 3
    Q2 2026
    Permit Filing
    Submission by JWA · approx. 6–9 months
  4. 4
    Q4 2026
    Building Permit
    Forward-funding partner enters SPV
  5. 5
    Q1 2027
    Construction Start
    Fixed-price GU contract · 18–20 months
  6. 6
    Q4 2028
    Completion
    Operator onboarding · letting WS 28/29
04 Development Options

Two viable
strategies.

The project offers flexibility between a traditional residential scheme and an optimized PBSA concept, allowing for different investment strategies.

Option A

Classic Residential

  • Classic residential development
  • Stable and proven product
  • Fully aligned with current planning
  • Broad investor and tenant base
Option B · Recommended

Optimized PBSA

  • Higher rent per sqm than residential
  • Higher unit density and efficiency
  • Strong demand from international students
  • Institutional investment product
  • Institutional exit liquidity
  • Optimized operational model
05 Location

Inner-city Berlin.
Lichtenberg.

Strong connectivity to Berlin Mitte and proximity to multiple university clusters support sustainable student demand.

Berlin hosts over 200,000 students with continuously increasing international demand. Purpose-built student accommodation remains significantly undersupplied, particularly in well-connected inner-city districts.

Lichtenberg benefits from its proximity to the city centre, strong public transport links and ongoing urban development, making it an attractive and emerging residential location.

Macro location of MLS in Berlin — Lichtenberg pin shown relative to Reichstag, Potsdamer Platz, Museumsinsel, Boxhagener Platz and other key Berlin landmarks
Inner-city Berlin · MLS in Lichtenberg Direct connection to Mitte · Friedrichshain · Prenzlauer Berg
Micro location around MLS — S-Bahn Nöldnerplatz 4 minutes walk, U-Bahn 8 minutes, daily amenities (supermarket, pharmacy, café, restaurant) within 5 minutes
S-Bahn 4 min walk · 12 min to Hackescher Markt 6 stops to Berlin Mitte · daily amenities within 5 min · S Nöldnerplatz · U-Bahn · supermarket · pharmacy · café
45-minute public transport radius from MLS Münsterlandstraße — covering Humboldt-Universität (31 min), ESMT (34 min), TU Berlin (36 min), HTW (40 min), UdK (42 min), Freie Universität (44 min) and BHT Berlin (45 min)
All major Berlin universities within 45 minutes HU 31 · ESMT 34 · TU 36 · HTW 40 · UdK 42 · FU 44 · BHT 45 (min ÖPNV)
3.7m Berlin inhabitants
European metropolis
200k+ Students at Berlin universities
4 Excellence Universities
FU · HU · TU · Charité
~20% International students
Continuously increasing
06 About the Sponsor

Gabriel Capital
Partners.

Gabriel Capital Partners is an active residential value-add general partner focused on the German housing market — combining institutional investment discipline with hands-on development expertise.

The team brings prior transaction experience of more than €5 bn in institutional residential and mixed-use real estate, applied to a focused, hands-on platform.

  • Focus: Residential value-add & PBSA
  • Active in Berlin and major German cities
  • End-to-end development and investment management
Platform AUM €80 mactive value-add platform
Platform Units 800residential units
Team Track Record €5 bn+prior transaction volume
Locations DE · UKTegernsee · Munich · London
Access Detailed Information

Two steps to the
Investment Memorandum.

The full investment memorandum — including financials, planning documents and detailed concept information — is available upon execution of a standard non-disclosure agreement.

01
Request NDA
Submit your details — we'll send a standard NDA for execution within 24 hours.
Standard mutual NDA · automated delivery within 24h · no cost or obligation.
Request received.
Your NDA is on its way — please check your inbox within the next 24 hours. If you don't see it, write to gm@gabriel.partners.
02
Receive Memorandum
Following NDA execution, you receive the full investment memorandum and access to the data room.
  • Investment Memorandum (PDF)
  • Financial model & sensitivities
  • Planning documentation
  • Architectural concept & floor plans
Unlocked after NDA execution
Primary Contact
Gerrit S. Molineus
CEO & Founder · Gabriel Capital Partners
gm@gabriel.partners +49 163 967 6050 Tegernsee · Munich · London
Structured forward-funding opportunity for institutional PBSA platforms.