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Real Estate News - April 2022
Rising loan costs for residential real estate, tight market situation for logistics space, rising construction interest rates and the KfW subsidy debacle. The most important news about the real estate industry in March 2022 summarized.
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Package of measures introduced by the German government - what's in store for owners
Energy prices are going through the roof. Now the German government wants to counteract with a package of measures.
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German Government Suspends Subsidies by KfW Development Bank
Germany’s Ministry of Economic Affairs has unexpectedly suspended its KfW subsidy programs for climate-friendly construction until further notice and with immediate effect.
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Demand for building material like timber rising rapidly – as are the prices
Materials like timber, steel and insulation are quite obviously indispensable in building construction. But since the outbreak of the coronavirus pandemic, demand has skyrocketed, and supplies are running low.
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Germany’s Most Desirable Rental Flats – an Analysis by the ImmobilienScout24 Real Estate Portal
Germany’s most desirable kind of rental flat measures 66 square metres, divides into two-and-a-half bedrooms, and costs 446 euros to rent, net of heating.
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Real Estate News - March 2022
Increase in construction interest rates, 500,000 apartments for refugees from Ukraine, missed climate targets of the building sector and the top-up of KfW funding. The most important news about the real estate industry in March 2022 summarized.
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The Reenacted Mortgage Lending Value Ordinance
BaFin is planning to amend the Regulation on the Determination of the Mortgage Lending Value. But the proposals face criticism from many observers.
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North Rhine-Westphalia Imposing Fines for Misuse of Residential Property
The state parliament of North Rhine-Westphalia passed a Housing Protection Act (“Wohnraumstärkungsgesetz”) on 16 June that entered into force on 1 July.
Continue readingBuildings Sector Misses Climate Protection Targets over Coronavirus Crisis
The European Union intends to be carbon-neutral by 2050, the interim target for 2030 being the reduction of greenhouse gas emissions by 55 percent. Germany made serious progress on its way toward carbon-neutrality last year:
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The trend in rent rates in Berlin
Rents in Berlin have been going up steadily in recent years. How does the situation here compare to that in other German cities? An overview of rental price trends in Germany.
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E-Mobility Boosted by New German Legislation
On 1 December 2020, Germany’s Home Ownership Modernisation Act (WEMoG) became effective. It governs the promotion of electric mobility within the framework of German climate change mitigation policy, among other things.
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EU Commission Resolves to Lower Asbestos Exposure Limits by 2022
According to figures released by the Brussels-based authority, fatalities from exposure to asbestos amount to 88,000 annually in Europe.
Continue readingRising Demand for Energy Refurbishments
Germany’ buildings sector plays a key role in the effort to achieve the country’s climate targets: It accounts for nearly 40 percent of the German energy consumption.
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