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Wetag Consulting is a boutique real estate brokerage in Ticino, Switzerland, serving the three big lakes Lago Maggiore, Lago di Lugano and Lago di Como as well as Ticino's beautiful valleys. The company with its International Division focus also on luxurious and interesting real estate world wide. This blog covers news, ideas, and information pertaining to these real estate marketplaces and lifestyles.

Luxury apartments on a historical address – Yoo Berlin development celebrates ground breaking ceremony

Posted Fri Sep 17 19:58:00 UTC 2010


Berlin, Germany – no other German city is linked that tight to the country’s history. Berlin has been and still will be a focal point of Germanys politics and is also becoming an even more important player in the lifestyle world by all world wide metropolises. Berlin’s Mercedes Benz Fashion Week or the international film festival Berlinale have put Germany’s capital into the first row of international interest not only by members of the movie or fashion industry. More and more creative and lifestyle oriented PR, marketing, advertising and media companies made Berlin their global hub and want to profit from the city’s energy. Most foreigners feel set back in times when New York or London radiated this certain and very special flair.

After the wall came down, the city quickly metamorphosed from a more likely working class dominated development into a more lifestyle and quality of life influenced metropolis. Still, there are other German cities such as Hamburg, Munich or Düsseldorf which are better known for their high-end living and luxury lifestyle throughout, but Berlin experienced a higher than average demand for luxury living these days. High end real estate, especially in Berlin’s city center, is rare and much sought-after.

With Yoo Berlin by architect Eike Becker and iconic design star Philippe Starck, this demand should be satisfied to the highest expectations. On a history-charged location, right in the middle of Berlin Mitte and on site of the former and famous Friedrichstadtpalast, the new crystal like solitaire will be home to luxury apartments, penthouses and townhouses as well as a hotel inclusive Wellness-spa, bar and a café.

Thursday, September 16th 2010, marked another milestone in the developments progress. Representatives of the development like John Hitchcox (co-founder of YOO), Berlins Cabinet Building Director Regula Lüscher, Dr. Thomas Wolfelsberger (CEO of Peach Property Group) and Eike Becker (Architect of Yoo Berlin) (f.l.t.r. at the main photo) executed the groundbreaking ceremony with a symbolic turn of the first spade full of earth.The first phase of construction consists of all the foundation works where more than 350 concrete piles will be brought in the swamp like underground almost 35m deep. The construction of approx. 124 underground parking spaces, special construction is needed due to the Berlin’s typical sandy and hydrated grounds. Once the costly foundation work is completed, the building can go up. Yoo Berlin is scheduled for completion by end of 2012. The sale of all real estate available started already and the first residences are sold. Some of the best units facing the river Spree or some of the penthouses boasting amazing views onto Berlin’s skyline are sold already. With a further increasing interest we are confident that Yoo Berlin is as successful as its predecessors in London, Sydney or Munich just to name a few. The Yoo brand became a much sought-after label for high-end living where pretty much each unit is a unique property for itself. Fans of Yoo watch closely all news about any new developments by the Yoo brand because they know the properties not only feature a much sought-after lifestyle, but also offer quite some appreciation of their investments. Feel free to contact us under info@wetaginternational.com to get to know more about this exciting new development. Just wanted to mention that because of the strength of the Swiss Franc against the Euro, an investment in a stylish city dwelling could be of great interest. Not only for your own use, but also to rent it out since there is also an increasing interest for high-end and furnished apartments in Berlin.

Posted by:  Peter Rabitz


  

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