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IVD

Jürgen Michael Schick - IVD

Immobilienverband Deutschland IVD

Germany has seen the number of building permits issued fall for the first time in ten years, while the construction industry is heading towards a dip towards the end of the year, according to statistics published by German official sources. more

Markets

Dr. Andreas Mattner

Zentraler Immobilien Ausschuss (ZIA)

Figures released earlier this month by Germany's Federal Statistics Office show that revenues in Germany's construction industry rose in the first 10 month of 2017 with order books remaining high, fuelling hopes that Germany's broad-based economic... more

Markets

Jürgen Michael Schick - IVD

Immobilienverband Deutschland IVD

Office rents in mid-size German cities have recorded the strongest rental growth this year, according to research published this month by the IVD. more

Markets

Mietpreisbremse

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Germany’s much-maligned Mietpreisbremse, or rental price brake law, is unlikely to survive Germany’s still to be determined new coalition government in its present form, real estate experts have told REFIRE, in light of the tumultuous federal... more

Markets

Ludwigsburg

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Ludwigsburg in Baden-Württemberg and Troisdorf in North-Rhine Westphalia are the mid-sized German towns that came out on top in the annual GMA City Ranking Retail 2017 published recently by geomarketing and location market research consultants GMA. more

Markets

Grunderwerbssteuer

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The German government is gearing up to abolish share deals that enable corporations to wriggle out of paying the Grunderwerbsteuer - or property transfer tax - that regular citizens are obliged to pay, in a move that would generate a sizeable... more

Markets

Grunderwerbssteuer

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Germany's federal states hauled in a record €12.4bn in Grunderwerbsteuer (property transfer tax), a rise of 10.2% over 2015, based on the €240.5bn of property transactions across the country last year, itself up 9.6% on the previous year... more

Markets

Charles Kingston - REFIRE

REFIRE

This week we learned from national property association IVD that the rate of increase in rents and housing prices in Germany has actually accelerated over the last two quarters. Prices for apartments, particularly in the larger cities, rose 6%... more

Opinion

Hans-Joachim Beck - IVD

Hans-Joachim Beck

Savings banks (Sparkassen) across Germany are reporting sharply lowered mortgage lending to consumers since the introduction of tighter new lending legislation which came into effect on March 21st this year. The new regulations, stemming from the... more

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Jürgen Michael Schick - IVD

Immobilienverband Deutschland IVD

Germany's ruling coalition government in Berlin has brought in two significant changes to the domestic residential housing market in this legislation period. The first was the Mietpreisbremse, or rental cap, which limits the amount a landlord can... more

Markets

Jürgen Michael Schick - IVD

Immobilienverband Deutschland IVD

The law on rental commissions in Germany changed fundamentally on June 1st with the introduction of the “Bestellerprinzip”, or agency principle – in other words, he who orders, pays. more

Markets

Property Broker

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For most Germans it's already been the worst year in living memory in terms of strikes, with the travel season having been interrupted several times already this year by Lufthansa's pilots and the crews of trains on Germany's Bundesbahn. The... more

Markets

Mietpreisbremse

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The German government passed into draft law this week the infamous Mietpreisbremse, or rental cap on residential rent increases, while at the same time introducing a change to the time-honoured German system of nearly always having the tenant or... more

Markets

Ludovic Subran - Euler Hermes

Euler Hermes

After a run of three good years since 2010, there are further good times ahead for the German construction industry, with growth of 3.5% forecast for the full-year 2014 on turnover of €285bn, and an even better 5.3% growth for 2015, according to a... more

Markets

Grunderwerbssteuer

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Investors in German real estate in the northern federal states of Berlin, Schleswig-Holstein, Bremen and Lower Saxony will have to brace themselves for a further increase in the Grunderwerbssteuer, or property transfer tax, a sort of stamp duty... more

Markets

The issue of who should pay brokers’ commission fees for residential lease transactions has long been a vexing question in Germany – but any real attempts to try to change the status quo have always failed. The incoming tenant ends up picking up... more

Markets