Ludwigsfelde
Ludwigsfelde

Berlin is still „in"

This city on the Spree River is experiencing unwavering strong population growth and a high rate of influx: In 2018, more than 3.6 million inhabitans live in the German capital. However, this has also resulted in a shortage of flats in Berlin.

A new population forecast by the Senate Department for Urban Development and Environment confirms that the city will continue grow substantially. Berlin is a tenants' market, but not homogeneously so; each of the 12 districts has its own dynamic. In general,  the supply of rental housing in the lower price segement has declined significantly since 2012 in almonst all districts, mainly due to strong population growth. The result is that the Greater Berlin Region is benefiting from capitol's appeal, thanks to its proximity to Berlin City.

In the Berlin Region, TAG manages portfolios, predominantly situated in Berlin's 'greenbelt', including in Strausberg, Eberswalde, Brandenburg an der Havel and Bestensee. These small towns are easily reached by S-Bahn or regional Deutsche Bahn trains.

Units 9,905
Floor area sqm 565,516
IFRS book value 12/31/2018 in EUR m 668.7
Inplace yield in % 5.5
Vacancy 12/31/2018 in % 4.4
Vacancy 12/31/2017 in % 4.9
Net actual rent EUR/sqm 5.62
Reletting rent EUR/sqm 6.14
L-f-I rental-growth EUR/sqm (y-o-y) % 2.9
L-f-I rental-growth total (y-o-y) % 5.1
Maintenance EUR/sqm 6.84
Capex EUR/sqm 11.93

 

as of 12/31/2018