Prices for premium Real Estate Up 3,1% in Berlin

Globally the lockdowns due to Corona resulted in decreasing prices for premium real estate in several metropolises. This does not apply to Berlin, though. Berlin performed well in the first half of 2020.

Berlin remains Real Estate Investment hotspot in Germany

Berlin is and remains the outstanding investment hotspot among Germany’s real estate strongholds. JLL Berlin Branch Manager Rüdiger Thräne advises “Covid-19 was also unable to shake this remarkable position, the capital did not get through the crisis without investment losses. In the second quarter in particular, we had to cope with a significant slump in transactions.”

Mietendeckel: First Effects

The Berlin Rental Cover Act freezes rents to the status of June 18, 2019 for a period of five years. Social housing and stocks built after 2014 are excluded. The rent cover which has been in effect since the end of February 2020 is reacting.

Berliner Vermieter werden weniger investieren

Ein Jahr Mietendeckel: „Zur Entlastung des Berliner Wohnungsmarktes nicht das geeignete Instrument”, fasst ZIA-Vorstandssprecherin Stefanie Frensch eine von Engel & Völkers und der Skjerven Group in Auftrag gegebene Umfrage zusammen.