The apartments are set to be delivered by the end of 2026. Credit: Maksim Safaniuk via Shutterstock.

Bonava has announced the sale and commencement of construction on 128 subsidised rental apartments for the public company Gesobau in Berlin, Germany.

The apartments are expected to be delivered by the end of 2026.

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This project marks a significant step for Bonava, Berlin’s residential developer, as the city requires the construction of 20,000 new homes annually to accommodate its growth.

Bonava Germany Business Unit president Sabine Helterhoff said: “Bonava is Berlin’s largest residential developer and we are excited to start construction on this new neighbourhood in the eastern parts of Berlin.

“Here we are now selling and starting a rental project, but over time we will also build homes for consumers.”

The 128 apartments are part of the first phase of the ‘Cecilien-Carré’ residential neighbourhood, which Bonava is developing in the Hellersdorf district along Hellersdorfer Strasse.

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All apartments will adhere to the Berlin state housing subsidy scheme guidelines.

The neighbourhood will span over 10,000m² and is planned to include a total of 272 homes with mixed tenures.

By mid-2028, the area will feature eight apartment buildings arranged around a communal courtyard.

In recent developments, Bonava began production of an additional 150 housing units across the Baltics and Sweden, as well as a project comprising 99 rental state-subsidised apartments in Turku, Finland. The completion of the housing units in Finland is anticipated in the first quarter of 2026.

Prior to this, the company initiated the Seminariet housing project’s first phase in Luthagen, near central Uppsala, Sweden. This project is set to deliver its first 66 new homes to customers by the second half of 2026.