• As the millennial rental demographic booms, furnished apartments on short term contracts become highly sought after
• Millennials have high expectations of quality and comfort, as well as convenient city-centre locations
• Buy Berlin announces partnership with furnishing experts David Phillips to help Berlin property investors prepare their apartments to a high spec in order to attract short-term, high quality tenants
• David Phillips, based in the UK, is bringing its successful furnishing business model to the Berlin property market for the first time
Buy Berlin, a Berlin-focused real estate agency that offers a complete and personal service to its international and domestic client base, announced its partnership with furnishing experts David Phillips today.
Buy Berlin has long recognised the changing requirements of the Berlin market, with increasing numbers of millennial workers looking for good quality, short term furnished apartments to suit their lifestyle and expectations.
Darrell Smith, Buy Berlin’s CEO who has operated in the Berlin market for over ten years says, “Berlin, like Germany as a whole, has traditionally offered long term rental agreements which, of course, have their benefits in terms of stability. However, this can inhibit the ability for young workers to easily move when their work and social needs change. We developed our Corporate Furnished Service as a way to provide the right accommodation for this demographic and to encourage more landlords to convert their apartments into millennial-friendly homes whilst securing the best rental value they can.”
The furnishing service is unique in Berlin, with the Buy Berlin / David Phillips partnership being the first of its kind in Germany.
Nick Gill, CEO of David Phillips, says “There is no comparable option available in Germany right now, and we are excited and proud to be partnering with Buy Berlin to deliver a service that is badly needed and long overdue in Europe’s most dynamic and evolving property market. Buy Berlin is a visionary and interruptive company in their field, open to innovation and new ideas, so the partnership is a perfect fit.”
The world continues to evolve rapidly. Many of us have quickly become accustomed to instant news, last minute travel and having everything available at the push of an app.
Moreover, whether we are a landlord or tenant, we are looking for convenience, flexibility and quality when it comes to our choices.
Smith continues, “Partnering with David Phillips means it is now easier than ever for Buy Berlin’s property investors to purchase the right kind of furniture for the Berlin rental market and to secure the best rental value in an increasingly competitive market. We can now offer landlords a unique service in Berlin, supplying high quality furniture packages quickly and installed without fuss.”
It may be a boutique real estate agency compared to some of Germany’s big hitters, but a straightforward service is what has set Buy Berlin apart.
Smith concludes, “We are committed to continually working on behalf of our clients to make property investment as easy and as successful as possible, and this extends to understanding what the best Berlin tenants want. This service sits alongside, and enhances, our entire suite of real estate services and we look forward to both landlords and tenants benefiting from David Phillips’ exceptional furnishing services.”