Primus Immobilien AG and Edge Form Joint Venture for Berlin-Schöneberg Mixed-Use Rental Development

BERLIN — Primus Immobilien AG and European real estate developer and investor Edge have formed a joint venture to develop rental housing within a mixed-use quarter in Berlin-Schöneberg, the firms announced June 30, 2026. Construction is targeted to begin in early 2027.

Financial terms of the joint venture, including investment volume, capital structure, planned unit count, and gross floor area, were not disclosed. The exact address of the Schöneberg site was also not provided.

Deal Structure and Project Scope

Under the joint venture, Primus Immobilien AG will lead development of a mixed-use quarter on the Schöneberg site. The partnership pairs Primus's Berlin development track record with Edge's focus on sustainability standards and technology-enabled building practices.

Edge maintains offices in the Netherlands, Germany, and the United Kingdom and operates joint ventures in the United States. The company is currently active across office projects with a combined value of approximately €5 billion, according to the firm's own description. Edge characterizes its development approach as prioritizing people and environmental considerations alongside advanced technological solutions.

Primus's Broader Berlin Rental Activity

The Schöneberg joint venture is one of several active and planned residential projects Primus Immobilien AG is pursuing across Berlin. The firm noted that projects in Pankow, Westend, and Kreuzberg are currently under construction, while additional developments are planned in Hellersdorf, Treptow, and Prenzlauer Berg.

About the Firms

Primus Immobilien AG is a Berlin-based real estate developer. Edge is a European real estate developer and investor with offices in the Netherlands, Germany, and the United Kingdom, and joint venture operations in the United States.

Financial terms, unit counts, and site-specific details for the Berlin-Schöneberg joint venture were not disclosed at the time of announcement.

Sources

Primus Immobilien AG — Primus gründet Joint Venture mit Edge für Mietwohnungen