Eight Percent of Office Space Turnover in Berlin are Accounted For by Flexible Workspaces.

The average share of Workspace as a Service (WaaS) take-up in Europe reached 7.5% in Q1 2018,
up from 7.2% in 2017 and almost three times higher compared to 2016, corresponding to a total volume of 680,000 m² according to Savills.

“The effect of 'on-demand' economy on the office sector, is bringing the expectation for higher flexibility, shorter leases and personalised services.” 

Eri Mitsostergiou, Savills European Research

Briefing note Workspace as a Service (WaaS) Trend or necessity?

The largest market over the past five quarters was London (217,000 m²), followed by Paris (126,000 m²) and Berlin (81,000 m²).

Eight percent of space turnover in Berlin are accounted for by Flexible Workspaces.

Eight Percent of Office Space Turnover in Berlin are Accounted For by Flexible Workspaces.

CBRE: Berlin Office MarketView Q4 2017

Berlin Office MarketView Q4 2017

 

Foto: Uwe Falkenberg

• Year-earlier take-up record exceeded by 4%

• Prime rent at the €30 mark, up 9% y-o-y

• Weighted average rent rises 22% to €19.31/sq m/month

• Vacancy rate declines steadily to 3.1% – full occupancy in central locations

• Only one quarter of office space to be completed in 2018 still free

The full report is available for download at

https://www.cbre.de/en/research

CBRE: Berlin Office MarketView Q4 2017

Prices for German residential and commercial property in 2014

The fourth quarter of 2014 saw the rise in price

for German residential and commercial properties continue further. The vdp property price index advanced 5% on the corresponding quarter one year earlier and currently stands at 122.6 points.

Rise in residential property prices continues; commercial property price increases weaken slightly.

Multi-family houses:
+ 7.2 %*
Owner-occupied residential housing:
+ 4.3 %*
Office properties:
+ 1.9 %*
Retail properties:
+ 3.3 %*
Q4.2014
* compared with the same quarter the previous year

These are the results of the vdp Property Price Indexjust published. For the full report follow this link.

For support in the identification of the right investment targets please visit our website at www.falkenberg-solutions.com. Especially for international Private Investors and Property Funds we provide a task force service for quick reaction to interesting opportunities. We provide independent support for the property search including foreclosure or auction properties and their valuation or appraisal. Please use this link to the contact facilities provided there to place any requests .
Uwe Falkenberg

Prices for German residential and commercial property in 2014

Office Investments in Germany Q3 2012

Investors spent more on office properties in Germany through September than in the same nine-months period during the last five years, buying more than twice as much in Berlin (172%) and Munich (138%) than the same period last year while other cities of the German "big six" like Hamburg or Dusseldorf had a slight decline.

Office properties valued at 6.27 billion euros ($8.22 billion) were sold in the first nine months of 2012, a 50 percent increase from 2011, according to data compiled by BNP Paribas (BNP) SA’s German real estate unit.

“Safety-oriented investors see good conditions here due to the relatively stable economic and employment situation,” Sven Stricker, head of investment at BNP Paribas Real Estate GmbH, said in a statement today. “Office investments have a good medium-term outlook, assuming the euro crisis doesn’t escalate.” For the full report in German click here.

Demand for German property in all property sectors has significantly increased this year as investors are seeking a safe place to put their money amid the risk scenarios of the euro zone’s sovereign-debt crisis. Germany’s economy, Europe’s largest, is forecast to grow 0.8 percent this year, according to the government and 1.0 percent for 2013. The economies of the 17 nations that share the euro are together forecast to contract 0.4 percent, according to the European Central Bank.

The demand for property investment opportunities in Germany is unwavering. The yields are under pressure due to the international influx of investors. Especially properties in Berlin are in high demand because of the relative undervaluation compared to other European capitals and the recent rent increases.



Come back regularly as we will provide information on other market sectors shortly.


Uwe Falkenberg, owner of
Falkenberg Solutions
Real Estate Consultants

Office Investments in Germany Q3 2012