Berlin: Backyard camping and indoor chalets for tourists

Where else would you find such a crazy idea, manifesting and screaming for success if not in Berlin? The neighbors of the most hip areas of Berlin are not that happy anymore with all those tourists that are invading their streets, making them feel like animals in a zoo. In trendy Neukölln, this might also become the case where the "Hüttenpalast" (hut palace) will open end of this month. The idea is so unique that you just want to go and have a look at it. At what?

CB Richard Ellis 2009 review and 2010 outlook for commmercial real estate in Europe (EU)

Published on 23 December 2009 by Europe Real Estate

Key commentary from CBRE’s forthcoming report – After the Storm: Where Next for European Property? The economic aftermath of the collapse of Lehman in September 2008 has been well documented and continues to unfold. Against a background of extreme uncertainty, investment decisions froze and most of the world’s major economies entered recession. Unemployment has risen sharply across Europe and is still rising; stock markets, asset prices and business and consumer confidence tumbled, and even now the flow of credit to businesses remains patchy.

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German Apartment portfolios: Transaction volume topped €3bn in 2009

The trade in German apartment portfolios is revving up again: a market report put out by Savills states that packages exchanged briskly in 2009, particularly in the second half. Accordingly, a total of 107 portfolios with some 56,000 residential units switched owners in 2009, 68 of them during the second half of the year. The transaction volume for the entire year is estimated at €3.2bn.

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