Berlin Income One

What Berlin Income One does

Berlin Income One GmbH is a Berlin-based commercial real estate asset and investment manager founded in mid-2020 as a subsidiary of the Dupuis Asset Management Gruppe. The firm invests in Core segment properties across the Berlin-Brandenburg metropolitan region and in Core/Core Plus assets specifically in Berlin, targeting acquisition ticket sizes from approximately €5 million for individual properties up to approximately €100 million for portfolios. It manages a portfolio of 19 properties spanning roughly 100,000 m² of rental space, including branded sub-assets such as QuBA (Berlin-Wilmersdorf office and retail) and WORKHUB am Jungfernsee (Potsdam co-working and office), alongside office and film-studio assets in Berlin-Mitte and Potsdam-Babelsberg.

The company covers the full property lifecycle on behalf of institutional investors: product allocation, acquisition, ongoing management, optimisation, development, and exit, providing individually configured solutions for each mandate. Revenue is generated principally through asset management fees charged to institutional investors, with ancillary rental income flowing from leasing office, retail, and studio space within the portfolio. Distribution is direct and relationship-driven — there are no third-party intermediaries for either investor mandates or tenant leasing, the latter handled through [email protected] and the firm's sub-brand websites.

The firm operates from Berlin-Mitte as part of the broader Dupuis Group, which manages over €2.5 billion in commercial real estate assets. Three managing directors — Oliver Lenhardt, Thilo von Stechow, and Anika Bornschein — lead the entity, supported by a team whose members collectively hold over a century of Berlin-specific investment experience. No proprietary technology platform, AI tooling, or differentiated digital infrastructure is disclosed; the business model is built on local underwriting expertise, capital from the parent group, and direct institutional relationships.

Name

Berlin Income One

Legal name

Berlin Income One GmbH

Website

https://berlinincomeone.com

Company type

Private

Founded year

2020

Operating status

Operating

Short description

Berlin Income One GmbH is a Berlin-based commercial real estate asset and investment manager, founded in 2020 as a subsidiary of the Dupuis Asset Management Gruppe, investing in Core and Core/Core+ properties across the Berlin-Brandenburg metropolitan region for institutional investors.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Asset Management

NAICS

Lessors of Other Real Estate Property (53119), Portfolio Management and Investment Advice (523940)

SIC

Real Estate Agents & Managers (For Others) (6531), Lessors Of Real Property, Nec (6519)

akta.pro primary industry

Core Real Estate (Stabilized/Core-Plus) (FSAAAKAA)

akta.pro secondary industry

Real Assets — Real Estate (Core, Core+, Value-Add, Opportunistic) (FSAHAIAA)

Keywords

• Commercial real estate
• Asset management
• Property investment
• Institutional investment
• Property lifecycle management

Headquarters

HQ city

Berlin

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Asset Management Fees: Berlin Income One generates revenue through asset management fees charged to institutional investors for managing their commercial real estate portfolios. The company covers all management tasks throughout a property's lifecycle including product allocation, acquisition, management, optimisation, development, and exit strategies.
2. Property Rental Income: Revenue generated from leasing commercial spaces including offices, retail, and studio facilities to tenants in their managed properties.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Berlin Income One invests in and manages commercial real estate properties in the Core segment across the Berlin-Brandenburg metropolitan region and Core/Core Plus in Berlin. The firm delivers full lifecycle property services for institutional investors, covering product allocation, acquisition, management, optimization, development, and exit. It also leases commercial office, retail, and studio space to tenants through its directly owned and branded portfolio.

Product overview

Berlin Income One GmbH operates as a commercial real estate asset manager focused on the Berlin-Brandenburg metropolitan region. The company offers a unified set of commercial property investment and management services, covering the full lifecycle from product allocation and acquisition through management, optimization, development, and exit. Their investment strategy targets Core segment properties across Berlin-Brandenburg and Core/Core Plus in Berlin, serving institutional investors. The portfolio consists of individually branded sub-properties including office, retail, and co-working spaces across Berlin and Potsdam, such as the QuBA (Quartier Bundesallee) and WORKHUB brands, alongside multiple additional commercial properties in Berlin-Mitte, Potsdam-Babelsberg, and other locations.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Real Estate Asset Management Services Full-lifecycle commercial real estate asset management covering product allocation, acquisition, management, optimisation, development, and exit for institutional investors in Berlin-Brandenburg. Investment focus is on Core segment properties across the metropolitan region and Core/Core Plus in Berlin.
• Commercial Property Acquisition Services Sourcing and acquiring Core and Core/Core Plus commercial properties in Berlin and Brandenburg for institutional investors. Transaction sizes start from approximately €5 million for individual properties and up to approximately €100 million for portfolios, structured as asset deals or share deals.
• Commercial Property Leasing (Offices, Retail, Studios)

Quantifiable outcome

• €500 million Assets Under Management
• +2 more outcomes

Named customers2 records

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Dupuis Asset Management GruppecoreOthers · 1 January 2020Berlin Income One GmbH was founded in mid-2020 and is part of the Dupuis Asset Management Gruppe based in Berlin-Mitte. The parent company manages commercial real estate assets exceeding €2.5 billion in assets under management. Berlin Income One operates as a subsidiary within this established asset management group, focusing specifically on the Berlin-Brandenburg metropolitan region.

Scale indicators6 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Patrizia SE: Patrizia is a leading German-based real estate investment manager with a strong institutional investor franchise across Europe. It is directly comparable to Berlin Income One as a CRE-focused asset manager serving institutional capital, though at significantly larger AUM scale.
• Union Investment Real Estate: Union Investment Real Estate is one of Germany's largest CRE investment managers, operating open-ended and special funds across Europe. Comparable to Berlin Income One in serving institutional investors with core/core-plus strategies, but at substantially greater scale and broader geographic reach.
• Deka Immobilien: Deka Immobilien is a major German CRE investment manager focused on core/core-plus assets across global gateway cities. It is comparable to Berlin Income One in strategy (institutional capital, core segments) but operates at far greater AUM and geographic breadth.
• Catella Real Estate: Catella manages European CRE investment funds and mandates for institutional investors, with strong German and Nordic presence. Directly comparable as a fund manager for institutional capital deploying into commercial real estate, with a similar mid-market positioning.
• Wealthcap (UniCredit): Wealthcap is the CRE fund arm of UniCredit in Germany, managing institutional and semi-institutional CRE investment vehicles. Comparable as a CRE investment manager with German institutional focus and a portfolio of stabilized assets.
• KanAm Grund: KanAm Grund is a German CRE fund manager specializing in open-ended real estate funds for institutional and retail investors. Comparable to Berlin Income One in CRE asset management for institutional capital, with a strong German office focus.

Broad incumbents

• CBRE Germany: CBRE is the world's largest commercial real estate services firm, offering investment sales, leasing, valuation, and capital markets advisory in Germany. Comparable to Berlin Income One only at the broad industry level; CBRE is a service intermediary rather than an asset principal/manager.
• JLL Germany (Jones Lang LaSalle): JLL is a global CRE services firm with deep German investment advisory, capital markets, and property management operations. It overlaps with Berlin Income One in commercial property services but operates as a global advisor/broker rather than a principal asset manager.
• BNP Paribas Real Estate Germany: BNP Paribas Real Estate provides investment management, advisory, and property services across Germany. Comparable to Berlin Income One in German CRE institutional asset management but operates as part of a global banking group at much larger scale.

Emerging players

• Rockspring Property Investment Managers: Rockspring (now part of Pembroke Real Estate) is a European-focused CRE investment manager targeting institutional investors with core/core-plus strategies. Comparable to Berlin Income One in strategy and target client base, but with broader European reach.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/berlin-income-one-gmbh

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Berlin Income One