Berlin Real Estate Market the Focus of Investor Attention

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• Publié par: sanus-beteiligungs-ag
• Nombre de lectures: 13
• Langue: English

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Berlin Real Estate Market the Focus of Investor

Attention

PR Newswire

BERLIN, June 25, 2012

BERLIN

,

June 25, 2012

/PRNewswire/ --

Statement by Marc Wiese, Chief Executive Officer of

SANUS AG

"We are expecting rising prices and a very good return on investment, also in

the future.

Berlin

is young and emerging. Above all the eastern districts offer

investors attractive building land as well as objects with a high appreciation and

development value - conditions that have not been able to be found in

metropolises such as

Paris

and

London

for many decades. Moreover, the price

level in

Berlin

, with average rents of

EUR6.59

and square metre prices

averaging

EUR1.889

, is comparatively well below the national as well as

international market. These factors, combined with increasing numbers of

inhabitants and households as well as economic growth, are leading to an

exponential rise in demand for housing.

As a result, the

Berlin

transaction market is growing in significance

internationally. In the capital city alone, 83,000 housing units were traded last

year with this number set to rise. In this context we have been able to establish

that increasingly more individual development objects from larger portfolios

are being released. Relevant sellers are above all

Iceland

, Scandinavia and

Israel

. On the part of the purchasers, the market is currently characterized,

alongside wealthy private investors from within

Germany

, by the commitment

of private family offices who are stockpiling portfolio properties with a six

percent return. Furthermore, also the interest of institutional investors, such as

pension funds and life insurances has again increased strongly."

Marc Wiese was appointed Chief Executive Officer of the

Berlin

-based SANUS

AG in

September 2011

and commands 15 years experience as an international

real estate expert. After holding a variety of management positions at GSW and

BauBeCon, he was appointed National Director at Victoria Properties in

Copenhagen

in 2007. Marc Wiese would also be pleased to hold further

discussions with you.

SANUS AG is one of the leading real estate companies in the capital city. Their

core skill lies in the modernization and refurbishment of old buildings. As project

developers, the company also constructs numerous new buildings. Currently

SANUS AG is developing approximately 80,000 square meters of living space.

Press contact:

Business Network

Marketing- und Verlagsgesellschaft mbH

Annemarie Rosenfeld

[phone]

[e-mail]

http://www.businessnetwork-berlin.com