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  • Essay / Berlin's growth during Brexit

    Germany offered easy citizenship to Britons during Brexit, although Germany does not allow dual citizenship; it considers the British as citizens during the transaction phase. There are provisions under which people who have lived more than 5 years in the country will receive permanent resident status and citizenship benefits such as pensions and health care. During Brexit, Berlin offers commercial investment opportunities where rents increase for small and medium-sized tenants. German markets are transparent compared to China, where growth fell from 7 percent in 2017 to 4.5 percent in 2017. In the United States, real estate prices increased by 6.3 percent in 2017, while Seattle saw the highest growth of 12.7 percent. – according to reports from Knight Frank. Say no to plagiarism. Get a tailor-made essay on “Why violent video games should not be banned”?Get the original essayBR-NAS bought offices for 30 million euros in Germany in Düsseldorf and Essen. Deutsche Industries bought three industrial properties in Berlin – (Schleiz on the Munich Autobahn, Bremen and Lower Saxony, Shortens for 8.05 billion euros). Dentan has entered into a partnership with real estate company René Dubois to develop its real estate activities in Germany. Swiss company Swiss Life will acquire Berlin-based BEOS to strengthen its branches in the mixed real estate sector – offices, manufacturing and logistics. Investments in German real estate funds increased by 50% in 2017 and there are at least 13 German open-end funds targeting institutional investors. and private investors to invest in the country to gain during the volatility of Brexit (as assessed by Scope). In 2017, total investment in Germany amounted to 2.3 billion euros. Germany shows some of the highest growth while UK real estate slows in some regions. Hong Kong and Vancouver are other growing cities. Inflation has risen by at least 80 percent in Germany's main cities over the past decade, according to statistics released by Deutsche Bank. Apartment prices in Munich have doubled, while in Hamburg they have increased by 70 percent. Low interest rates, job creation and population growth in the largest cities are the main reasons for rising property prices which has led to a shortage in cities like Munich where the population has increased by several thousand compared to the number of available housing units in Germany. In Berlin, prices increased by 20 percent compared to last year and, on average, property prices in Frankfurt, Munich and Hamburg increased by 13 percent last year. Keep in mind: this is just a sample. Get a custom paper now from our expert writers.Get a Custom Essay Office prices in Germany are increasing and the price of commercial real estate in German submarkets has also increased. Growing investor demand has seen the price of office space rise three times in five years and support for visa and settlement options has increased the influx of young tech workers into the country. Singapore wealth fund bought properties from GIC Pte bought properties from TechnoCampus Berlin with local company partnership and project transforms aging buildings into offices.