The Property Advisor CB Richard Ellis (CBRE) has conducted a survey amongst 350 european Real Estate Investors and announced the results at the MIPIM in Cannes.
Thursday 10 March 2011
Germany No.1 Destination for Real Estate Investment in 2011
Posted by Uwe at 10:19 0 comments
Labels: German property, Germany Real Estate, market research, Property Investment, Real Estate, real estate market
Tuesday 8 March 2011
Berlin Housing Market Report 2011
We provide independent support for the property search including foreclosure or auction properties and their valuation or appraisal. (Also see our free property market Research Service)
Please use this link to the contact facilities provided there to place any requests .
Uwe Falkenberg
Berlin Housing Market Report 2011
Posted by Uwe at 18:14 0 comments
Labels: Berlin Property, Berlin Property Market, Berlin Real Estate, Berlin Real Estate Market, Housing Market, residential, Residential Property
Friday 4 March 2011
Residential Property in Berlin: Rent and purchase prices keep rising
On average rents and purchase prices for residential properties have increased by 4 % to 8 % in 2010. A continuation, even acceleration of last year’s market development. Looking at different market segments by location the picture somehow varies: Better locations benefit more than lower market properties.
According to the study average rents increased by 4.5% compared to 2009 from 5.85 to 6.11 Euro per square meter per month (€/m²). The cheapest 1/10 only went up by 2.9% moving to 4.30 €/m².
A drastic rise by German standards was experienced for apartments with high value standard. The average rent increase of the top 1/10 went up by 14% to 10.96 €/m² and purchase prices for condos by 7.9 % to an average of 1,739 €/m².
Across all market segments locations were just as spread in their development. Charlottenburg-Wilmersdorf took the lead in the districts table with an increase of 10.2 % to an average of 7.52 €/m² across all quality segments. Followed by Freidrichshain-Kreuzberg at 7.22 €/m² and Pankow ant 6.90 €/m². The low end is made up by Reinickendorf (5.56), Spandau (5.26) and Marzahn-Hellersdorf (4.69).
According to the study the main factors contributing to this development are the growth in population and job-opportunities accompanied by smaller households (heads per household). On the supply side the number of newly build apartments was very low throughout the last 10 years and has remained at that level in 2010. A price increase is only natural.
We provide independent support for the property search including foreclosure or auction properties and their valuation or appraisal. (Also see our free property market Research Service)
Please use this link to the contact facilities provided there to place any requests .
Uwe Falkenberg
Residential Property in Berlin: Rent and purchase prices keep rising
Tuesday 1 March 2011
German unemployment rate drops early in the season
International demand continues to drive Europe's biggest economy, with increasing support by domestic demand.
The unemployment rate fell to 7.9 percent in February, with 33,000 fewer Germans out of work compared to January 2011 and -326,000 compared to the same month last year. For more detailed information click here.
In combination with the continously rising consumer climate index and income expectations set for growth the investment climate in the German Property Market are exceptional.
For local support and research for property investments please refer to www.berlin-portfolio.com
German unemployment rate drops early in the season
Posted by Uwe at 16:25 0 comments
Labels: German economy, German property, German property market, Germany Real Estate, real estate market