28 29

BERLIN Berlin once lagged behind other Germany cities. Now however, with a burgeoning population and dynamic economy, Germany s capital is staking its claim as one of the most important economic areas in Europe.

Overall Investment Prospects in the PwC Emerging Trends

Europe 2019 report

Accumulated Capital Growth 2014-2018

AT A GLANCE

#2 67%

Accumulated Rental Growth 2014-2018

Growth rate of the ICT sector since 2013

34.5% 50%

EINBECKER 47 BERLIN -

Project:

40 units, Studio / 1 Bedroom

Developer: Diamona & Harnisch

Completion date: Q4 2020

With Berlin s population increasing by 290,00 people between 2011-2017 alone, population growth figures in Berlin have dwarfed all other German cities. Attracted by the city s reputation as a European hub for start-ups and other innovative companies, Berlin expects the arrival of a further 260,000 people by 2030.

The investment fundamentals of a chronically undersupplied housing market combined with a booming economy and increasing population have resulted in demand continually outstripping supply. This has resulted in upward pressure on both capital and rental growth rates.

Current estimates suggest there is a backlog of at least 84,000 units and a requirement for another 21,000 unit completions per annum to simply keep up with existing levels of demand. With construction activity peaking at an estimated 16,000 unit completions in 2018, the supply gap in Berlin s housing market looks set to remain for many years to come.

WHERE TO INVEST IN BERLIN

Sources: Deutsche Bank, Bulwiengesa, Numbeo, CBRE, Berlin Hyp, JLL, PwC and The Urban Land Institute

WHY INVEST IN BERLIN

Einbecker 47 is a modern residence located in the up-and-coming Berlin neighbourhood of Lichtenberg.