Berlin at night

© Bruder Jakob - Fotolia.com

'We are expecting that one of the results from rent control will be an increase in owner occupiers,’ said Hilton. ‘Just 15% of people in Berlin own and we expect that to increase because of the limited choice in the rental market. With mortgage rates as low as they are it is cheaper to buy than rent.’

Phoenix Spree Deutschland in share buyback on strong sales

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