KÖNIGSTADT has been a successful property owner for years. We are familiar with the real estate market and with tenants’ requirements. We have a responsible, conscientious approach to our ideas and actions –working for happy tenants, value investment and the benefit of generations to come. We are in principle against short-term speculative investment.
As a property owner, we build on our long tradition to work for a sustainable future. We take a long-term view – but are proactive with fast and simple responses when needed. “Let us take care of it for you” is not just words. It is the approach we live, and our promise to tenants and business partners.
Our mission is to provide value property where people can feel at home. That is what we work for, with enthusiasm, prudence and passion, day after day. Every KÖNIGSTADT employee is aware of and readily accepts their responsibility – both corporate and social.
Did you know: KÖNIGSTADT has a special brief from its shareholder. Our profits support the Fred and Carla Lottberg Foundation for children with disabilities from spastic disorders. At the same time, KÖNIGSTADT always has been and will be an efficient, profit-oriented company.
We have well-founded expertise from our years of experience in managing our own properties. That expertise benefits, first and foremost, the people living and working in them. Naturally, we define success by financial results. But we prefer to see it in the faces of satisfied tenants and clients.
Our success is based on a team of experienced and dedicated employees: property and housing management specialists, qualified commercial personnel, engineers, architects, and accountants. KÖNIGSTADT is also a successful training company, enabling junior staff to have a solid education at Berlin’s real estate college, BBA – Akademie der Immobilienwirtschaft.
Our company’s eventful history began on 28 May 1871 with the founding of a brewery located in and named after Berlin’s KÖNIGSTADT district, today’s Prenzlauer Berg. In the wake of years of crisis and commodity rationing after the First World War, the company shifted its focus in 1921 to property acquisition and management, as well as industrial company stakeholding. This was a painful but prudent decision. Even then, in a far-sighted move, profits were invested in a portfolio of real estate.
Those years of success were followed by difficult times. Much of the company’s portfolio of property was destroyed in the Second World War. The post-war period was a time of reconstructing and refurbishing the remaining properties. KÖNIGSTADT also launched a major development project on its plot at the corner of Kurfürstendamm and Grolmanstrasse. ‘Haus KÖNIGSTADT’, as it was known, was finished in 1955, one of the first new commercial properties built in Berlin’s inner city after the war.
In 1951, KÖNIGSTADT suffered another severe blow when the East German government expropriated all the company’s real estate and business assets in East Berlin – including the original company premises in Schönhauser Allee. But neither these setbacks nor the Berlin Wall going up in 1961 could dampen our enthusiasm for real estate and our belief in Berlin’s future.
On this basis and under Dr. Alfred Lottberg, KÖNIGSTADT’s long-serving Executive Chairman, the company took the shape it has today. We are a modern property management company with a long tradition in the Berlin market, dedicated to sustainable economic success, and built on the twin pillars of responsibly and philanthropy.
