Berlin-Reinickendorf: development and life in the district

While runways are passé here today and many Berliners mourn their beloved TXL, the former site of the city airport holds promising opportunities for Reinickendorf: In addition to a research and industrial park for urban technologies, a high-tech campus of the Siemens company and a large number of apartments are being built here. This will not only create new jobs that could more than make up for the jobs eliminated by the airport's closure. Modern new buildings are being added to the combination of high-rises and village idyll, ensuring that more and more people, especially from the surrounding Brandenburg region, are drawn to Reinickendorf.

Real estate market in Berlin-Reinickendorf

Reinickendorf, which is increasingly perceived as a technology location, is enjoying growing popularity not only as a place to work, but also as a place to live. It is therefore hardly surprising that new construction activities, which were largely idle in Reinickendorf during the first decade of this millennium, have been picking up speed again for several years. Many construction projects are in the planning stage or have already been completed. The old stock is dominated by Wilhelminian villas and neat terraced housing estates. Prices for rents and property are rising, albeit moderately. Although the city center can be reached quickly, the name Reinickendorf says it all: here, people don't think much of anonymous big-city life. People know each other and help each other, whether they are old Berliners or newcomers.

Average rental prices

12

EUR / m²

+20.37%

Average purchase prices

4,098

EUR / m²

+3.49%

Rental offers

146

-54.50%

Purchase offers

393

+24.94%

Reinickendorf: Real estate supply and development

With the exception of a few apartment blocks in selected neighborhoods, the real estate on offer in Reinickendorf consists mainly of smaller apartment buildings, terraced houses and old city villas. In addition, it is home to the "White City," a settlement from the Weimar Republic that has been declared a UNESCO World Heritage Site. Municipal developers predominate in the Reinickendorf rental segment. As a result, properties here rarely come onto the open market.

Offer of properties for rent and sale in Reinickendorf

Rental offers
Purchase offers

How are real estate prices developing in Reinickendorf?

As an example of the development of real estate prices throughout Berlin, they have also multiplied in Reinickendorf within a few years.

Purchase price (m²) in Reinickendorf

Existing building

Average purchase prices

4,098

EUR / m²

+3.49%

New builds

Average purchase prices

7,365

EUR / m²

+8.70%

Average purchase price Reinickendorf

New build
Existing building

Current rental prices and development

Although supply and demand are in a similar relationship to each other, Reinickendorf has seen a positive development in rental prices in recent years.

Average rental prices in Reinickendorf

Existing building

Average purchase prices

4,098

EUR / m²

+3.49%

New builds

Average purchase prices

7,365

EUR / m²

+8.70%

The population of the district

About 266,000 people live in Reinickendorf on an area of almost 9,000 hectares. Tegel is the second largest district in Berlin in terms of area (33.7 square kilometers), while the district of Köpenick is larger at 34.9 square kilometers. The most populous districts are Reinickendorf, Märkisches Viertel, Tegel and Wittenau. The fewest people live in Borsigwalde, Konradshöhe and Lübars. The average net household income is 2,125 euros per month.

Residents Reinickendorf
The five largest international populations in Reinickendorf

Migration in Reinickendorf

Moves in

20,525

Persons

+4.10 %

Moves out

9,976

Persons

-7.89 %

In the year 2021, development compared to the previous year

Life in Berlin-Reinickendorf

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