Following the publication of “Emerging trends in Real Estate 2013 Survey” Europe, the city of Berlin was ranked 2nd after Munich, the Bayern region capital, in terms of investments prospects.
The report published by PricewaterhouseCoopers and Urban Land Institute scored the major European cities in terms of existing and new investments. Berlin ranked second for both criteria followed by London, Istanbul, Hamburg and Paris.
In terms of housing demand prospects, Berlin confirmed its attractiveness with almost the highest rent increase score along with Istanbul.
The report highlighted the attraction of the city for designers, artists and technology start-up entrepreneurs with around 37000 companies operating in media and creative industries in Berlin.
Despite its historical background, Berlin is becoming increasingly interesting for international investment funds, large companies and wealthy Germans. This allowed berlin to reach the 5th place in terms of transaction volumes just after Moscow (despite the large difference of prices, as Moscow is 5-6 times more expensive than Berlin).
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