Benjamin Rogmans, Managing Director and Head of WGHs E&V Commercial Berlin
“Despite all the political debates, Berlin’s residential investment market remains one of the most attractive in Germany. Institutional capital is available – planning security and reliable framework conditions are now crucial.”
“We are observing a more rational market than just a few years ago. Sellers have adjusted their price expectations, transactions are taking place and the Berlin residential real estate market is remarkably stable compared to other asset classes.”
“New construction is the most effective lever for reducing the pressure on Berlin’s housing market. To do this, investors need confidence in the location as well as faster approval processes and political reliability.”
Ingo Weiss, Co-Founder and Managing Partner DRIVEN
“Berlin will remain a highly attractive residential real estate location in the long term. The end of the expropriation debate creates the necessary confidence so that international investors can once again look at the market with greater confidence.”
“The biggest brakes on new residential construction are lengthy approval processes and a lack of building land. If you want to create more apartments, you have to speed up planning procedures and activate space more quickly.”
“For project developers, in addition to returns and financing, market liquidity is the decisive factor. Planning security strengthens investor confidence and increases the willingness to implement new residential projects in Berlin.”
Stefan Claus, CEO BEB+
“Fundamentally, everything speaks in favor of the Berlin housing market: high demand, economic growth and sufficient capital. What is slowing down investment is above all increasing regulation and a lack of reliability in the political framework.”
“The focus must not be exclusively on cheaper construction costs. The decisive factor for investors is profitability over the entire life cycle of a property – this also includes stable management conditions in the portfolio.”
“More regulation does not create additional living space. In order to boost investment and new construction again, Berlin needs more trust in market-based mechanisms and less bureaucratic intervention.”
Sebastian Fischer, CEO PRIMUS Immobilien
“When it comes to housing, we have to make a clear distinction between existing and new buildings. While existing apartments are increasingly regulated, there are numerous initiatives at the federal and state level to accelerate the construction of new housing in a targeted manner.”
“Berlin is one of the most attractive locations for the future in Germany. Economic growth, influx and the need for housing clearly speak for long-term investments – especially in new construction.”
“New residential construction needs less complexity and faster procedures. High planning and construction costs as well as long approval times are the biggest hurdles for more residential construction in Berlin today.”
