Berlin Develops as Business Hub

BERLIN—This metropolis, capital of Europe’s largest economy, is finally becoming a business hub.
In most European countries and much of the world, capital cities are also a country’s commercial nexus. But after Berlin became capital of a reunified Germany in 1990, its orientation toward politics and lobbying resembled Washington, D.C., not the balance of business and politics found in London, Paris and Tokyo.

Read more here – http://www.wsj.com/articles/berlin-develops-as-business-hub-1451854703

Berlin emerges as leading property investment hot spot for 2016

Despite its status as the biggest real estate market, London is not in the running as one of the top 10 investment hot spots for property this year.
According to PwC’s Emerging Trends in Real Estate report for Europe in 2016, the five leading cities for investment prospects in 2016 are Berlin at No 1, followed by Hamburg, Dublin, Madrid and Copenhagen.
The German capital is being tipped for this year “based on its young population and its growing reputation as a technology centre, as well as the land available for development”, the report said. PwC says that investors are looking for better returns and London currently does not offer high enough yields following its price boom in recent years.
However, “the liquidity and scale of the market, together with relatively robust economic performance, are still powerful arguments” for London. Almost five times more capital – €47 billion (Dh188.44bn) – was deployed in London than any other European city over the year to the third quarter of 2015, says the report, which is based on interviews with hundreds of investors, developers and property managers.

It’s not a long-term damning of the London market by any stretch of the imagination. It’s just a reflection of where we are in the cycle,” according to Gareth Lewis, the director of Real Estate at PwC.

Sustainability and the environment in property will also become an increasingly important theme for the sector this year, according to the report.
Peter Walker, from the Urban Land Institute, which co-authored the report, said: “It’s clear from the interviews that this is now just part of mainstream language of business in real estate, and it’s not seen as this emerging fad any more – it’s seen as a core business theme for many.” 
Continue reading – http://m.thenational.ae/business/property/berlin-emerges-as-leading-property-investment-hot-spot-for-2016http://m.thenational.ae/business/property/berlin-emerges-as-leading-property-investment-hot-spot-for-2016

Amid Strong Capital Flows, Berlin and Hamburg Seen as Top European Markets for 2016

Rapidly changing demands of occupiers and the disruptive forces of technology, demographics, social change, and rapid urbanization are permeating the European real estate value chain, according to Emerging Trends in Real Estate® Europe 2016: Beyond the Capital, a forecast published jointly by ULI and PwC.

These ground-level disruptions have led to investors focusing on cities and assets rather than on countries. This is also visible in investors demonstrating more interest in alternative, operational sectors that have benefited from rapid urbanization and demographic shifts, such as health care, hotels, student accommodation, and data centers. Forty-one percent of survey respondents would consider investing in alternative sectors, compared with just 28 percent in last year’s survey. The main street retail and logistics sectors, which have benefited from technological advances and improving economic conditions, also are predicted to fare well in 2016.
Development also is expected to create value in 2016, with 78 percent of respondents citing it as an attractive way to acquire prime assets. More progressive developers and investors are innovating in an attempt to meet the needs of increasingly informed and demanding occupiers. The property developers, investors, and operators leading the pack are paying more attention to the role that the physical workplace plays in talent management and workplace productivity.

Read more here – http://urbanland.uli.org/capital-markets/amid-strong-capital-flows-berlin-hamburg-seen-top-european-markets-2016/

London rejected from the 10 best European cities for investing in property

Birmingham, Berlin and Hamburg are top of the property market as the capital is overtaken by cities such as Budapest and Istanbul
London has slipped out of the top 10 best cities in Europe for investment prospects in property for the first time since 2012 to 15th place, thanks to high prices and a crunch on yields.
Berlin and Hamburg took the top two positions in the Emerging Trends in Real Estate report by PwC and the Urban Land Institute, while Birmingham came in sixth.

The report, which is a useful guide to where experts think the market might be heading, collated interviews with more than 500 developers, investors and property managers across Europe.
They were asked to rate each city based on investment prospects, and for their impressions on the future of the property market – both residential and commercial.
London, while still the biggest investment market for property in Europe, came in one place below Istanbul and two below Budapest, despite their volatile political situations.

Continue reading here – http://www.telegraph.co.uk/finance/property/news/12095844/London-drops-from-list-of-top-10-best-places-to-invest-in-property-in-Europe.html

Living the good life in Berlin’s allotments – but for how long?

Apples ripening in a Berlin allotment gardenImage copyrightSean Gallup

Forget the garden gnomes and replace those pink begonias with something more hip. Allotments in Germany are no longer the preserve of the pensioner, writes the BBC’s Berlin correspondent, Damien McGuinness.

Fashionable Berliners are leaving the mainstream nightclubs to the tourists and heading to the countryside – or at least a few stops along the underground line – to get gardening.

Allotments have gone from tacky to trendy among forward-thinking urbanites looking for their own patch of nature.

For 25-year-old Carolina Achilles, who studied environmental studies and now works with refugees, having an allotment is a political statement and a form of protest against mass-produced food.

“I just think it’s much nicer to eat what you can grow yourself,” she says.

Continue reading here – http://www.bbc.co.uk/news/world-europe-35008648

Use this map to find Berlin’s cheapest rent

An estate agent has published a map of the Berlin transport system which takes you on a handy tour of rent prices in the capital city.
Ever wonder where the most expensive real estate in the German capital is? A new map from online estate agent ImobilienScout shows you with a map that’s already in the head of every Berliner – the S-Bahn map.

It turns out Französischestrasse metro station in the town centre is the most expensive place in the city.
For a 70 square metre apartment near the train station which is located near the historic Unter den Linden street in the heart of the city you’ll be paying on average €980 per month.

But for those who don’t care about the location at all and are only after a deal, Mahlsdorf right out in the east of the city offers the most bang for your buck.
A 70 square meter apartment there will only set you back €329 per month – and its in Martzahn, which those truly in the know say is the next big thing.
Unsurprisingly, of the metro stations inside the Ring – the overground rail line that encircles the city centre – those in the west are the priciest, with a flat by Tiergarten metro costing a dear €847.
Continue reading – http://www.thelocal.de/20160106/rail-map-of-berlin-guides-you-to-rent-deal

Berlin Develops as Business Hub

BERLIN—This metropolis, capital of Europe’s largest economy, is finally becoming a business hub.
In most European countries and much of the world, capital cities are also a country’s commercial nexus. But after Berlin became capital of a reunified Germany in 1990, its orientation toward politics and lobbying resembled Washington, D.C., not the balance of business and politics found in London, Paris and Tokyo.

Read more here – http://www.wsj.com/articles/berlin-develops-as-business-hub-1451854703