Every spring we publish the forecasts for each individual real estate segment; our RIWIS subscribers already know them. A glance at the office markets in class A and B cities shows cautious optimism: The markets will remain stable - despite declining employment, increased home office space and record completions
No less than eight of the writers in our team—covering the real estate segment office, Unternehmensimmobilien, logistics, hospitality and senior living—collaborated in drafting the Spring Report of the Immobilienweisen expert panel, published by the ZIA German Property Federation. Here are the key findings for the office segment
Search and you shall find? Companies looking for new office accommodation—be it in order to up-size or down-size, be more centrally located or occupy newer quarters—have a hard time in Berlin these days. The market is swept clean, and prices are up. Many have decided to shelve their plans for the time being and to stay put. But despite the shortage of space and runaway prices, there is no reason to worry that this market may be falling behind
Take trendy quarter or prestigious town core: At the moment, coworking spaces—or better put: “flexible workspaces”—are springing up everywhere in Berlin. The phenomenon is largely driven by the rapidly expanded start-up scene, but not exclusively so. In the market report for Berliner Sparkasse, we asked the question: Will this remain just a hype?
While Berlin’s airport (BER) has yet to be finished, the area around it has serious potential for office development. Indeed, we suggested as much two years ago when presenting our survey of the local office real estate market at the airport. The 2019 update now reveals: There is a flurry of activity in the surroundings of BER, yet for the majority of developments it is important for the airport to open eventually
Once again, we studied the investment opportunities in 31 second-tier cities for DEMIRE. At the same time, we introduced the all-new Secondary Office Index (SOX): The new index will provide guidance to investors beyond the dated ABBA formula. Finally, we will also tell you which German cities have the best risk-return ratio