Italians and Greeks investing in Berlin's secure real estate market
Amidst uncertainties concerning their economies, middle class investors from across Europe – Italian and Greek in particular – are arriving in droves to Berlin. Their objective: making a secure investment during a volatile time in the capital of Europe's strongest economy. This Reuters article explores the impact of the debt crisis on the booming housing […]
German re-investment rises 28% – CBRE
German commercial property investment volume surged 28% in the first half to reach €11.1bn, with the second quarter at €5.6bn and thus one of the strongest second quarters of the year on record, says CB Richard Ellis. It holds to a forecast of over €20bn investment for all of 2011. “Germany continues to count as […]
Germany Top European Investment Location
Top European and BRIC managers put Germany in sixth place in the world among countries with the best growth prospects, after the BRIC states and the US. It is the number one investment location in continental Europe, says international law firm Allen & Overy. A recent survey by Allan & Overy found that 21% of […]
Foreigners boost German retail investment above €11bn
German retail property was most popular with investors in the first nine months, with deals up 54% at €8.45bn, says realtor BNP Paribas Real Estate. It expects turnover to exceed €11bn this year. Foreigners accounted for 42% of deals. Click here to read the whole story
Deutsche Bahn Gets Berlin On Track Internationally
By Arsalan Mohammad New plans for high speed rail connections between Berlin, London and other major European cities could bring budget airline companies down to earth. The era of budget airline travel is not without its downsides. In fact the compromises for saving cash seem to be ever-burgeoning, from the old chestnuts of limited leg […]
Berlin’s GSW buys €330m portfolio
08 November 2011, 08:02 PM Berlin listed housing group GSW has completed the purchase of a 4,800 housing portfolio for €330m from Fortress’ listed German housing group Gagfah, and expects a positive impact on this year’s financial results. Board Member Jörg Schwagenscheidt said the new assets increase the average rent in its overall portfolio. “We […]
Berlin – Hi Tech Capital
An interview the founder of Skype explores the evolving hi-tech scene in Berlin, which is fast turning, together with London into Europe's hi-tech hub. A developer's dream, the city draws together an international work force, lured also by the cultural richness of the city, and the relatively low cost of living. But it's not only […]
Housing Vacancy in Berlin to fall to 4% by 2015
The continual demand for housing units in Berlin is lowering the stock of vacant apartments in the capital. High rates of positive migration to the city, combined with a low number of new apartments being built is forecasted to lead to a shortage in the near future. Only 3100 housing units are being built per […]