Technical due diligence

The listed building complex, the so-called Femina-Palast, was built between 1928 and 1931. The ‘Dschungel’ discotheque was located here between 1978 and 1993. Due to its prominent guests, it became an important nightlife venue in West Berlin.

Between 2005 and 2007, the parts of the building at Nürnberger Straße 50-55 were remodelled for the Ellington Hotel Berlin and given their current appearance. After the hotel closed in August 2021, the property was acquired by the Signa Group.

In the third quarter of 2023, the REELAB valuation team carried out a forward due diligence with a development study on behalf of KVL Bauconsult München GmbH.

The specific task involved reviewing the basic fabric of the building and developing a post-utilisation study.