Sunday, February 21, 2010

Germany: What is the future of residential investments in the next years?

German brokers are expecting foreign investors to come back to Germany because they need cash-flow in stable markets.  Office and retail properties gave a much better yield than residential investments, but their share is only 10% in the German market. These figures were given by Bulwien Gesa, a German market intelligence company. The opportunities to change for another type of property are relatively small and also the banks are only interested in financing stable investments, which in Germany is residential. Bulwien Gesa remarks that they see the residential market of 2010 like in 2004, with the potential of developing a new bubble. The prices might rise when foreign investors will sell what they bought in the last years with short term finance. Small and bigger portfolios that many investors are looking for will come back to the market.

Monday, February 8, 2010

Berlin: new resi project where once the Nazis surrendered and the KGB ruled

Berlin-Karlshorst was established in the late 19th century as garden-city of Berlin, in the North-East of the city. After the WW II it has long been the place only known for the unconditional surrender of the Deutsche Wehrmacht.

After that the KGB took the caserne as their HQ in Eastern Germany. When in 1994 the Russian Allies left Eastern Germany, the premises were partially converted into the German-Russian Museum.