06 07
ECONOMY ECONOMY
Comprising four of Europe s top ten cities for commercial and residential real estate investment, Germany has solidified its position as Europe s safe haven for international capital.
GERMAN ECONOMY -
BERLIN ECONOMY - Berlin is not only Germany s political centre, but also one of the most dynamic economic regions in Europe. The city s economic structure is diverse and shaped by its long- established industrial firms, strong performing SMEs, thriving services sector, and innovative high-tech business leaders. This flourishing city is attracting corporates, investors, and young talent from abroad, with the majority of new arrivals to the city aged under 35.
Population grew by 60,500 in 2016, +200,000 forecast
2016-2030
EUROPE S START-UP HUB -
The digital sector represents 1 in 7 new jobs.
Almost EUR3 billion of venture capital investment into start-ups in 2017 a new start-up is founded every 20 minutes, and the industry is expected to create 100,000 jobs by 2020.
Sources: Ernst & Young, The Financial Times, Berlin.de
The largest economy in Europe and 4th largest worldwide
2.2% rise in GDP in 2017
2017 GDP per capita: EUR38,200, Euro-area average: EUR31,700
Unemployment rate: 3.6%, Euro-area average: 8.7%
GROWING POPULATION
Over 700,000 internationally born
residents in 2017
INTERNATIONAL CITIZENS
+2.9% jobs at top employers in 2017, 3,425
expected in 2018
INCREASING JOBS
The sector added 9,040 (+11.5%) jobs in the year
2016-2017
DIGITAL ECONOMY
INVESTMENT VOLUMES 2017
GERMANY
BERLIN
FRANKFURT
MUNICH
HAMBURG
DUSSELDORF
COLOGNE
STUTTGART
67.54
11.92
8.35
5.93
4.83
3.66
3.09
1.71
2017 EUR BILLION
8%
25%
20%
-16%
6%
38%
2%
45%
% GROWTH ON 2016
SOURCE: REAL CALITAL ANALYTICS / KNIGHT FRANK RESEARCH
INVESTMENT VOLUMES 2017 -
Sources: PwC, The Urban Land Institute, Real Capital Analytics, Knight Frank
-
German real estate investment volumes in 2017 surpassed the previous record set in 2015.
-
Berlin real estate investment volumes were the highest amongst tier 1 German cities in 2017.
