BERLIN OVERVIEW

PWC's 2nd European City for Investment 2020

 

Working population over 2 million in 2019

 

5.3% nominal GDP growth in 2018 vs 3.3% in Germany

 

Largest student city in Germany of 185,000 students

 

7.8% unemployment rate in 2019

Access our Berlin property brochures to find out more about the Berlin market and IP Global's selected opportunities.

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Why invest in Berlin property?

Why Invest in German Property?

  • Berlin’s prime luxury apartments are vastly more affordable than the equivalent in major cities such as New York, London and Paris.
  • Opening in October 2020, the new Brandenburg Airport expects 34 million passengers annually, with up to 53 million passengers p.a. by 2040. This makes it one of the busiest airports on the continent.
  • Berlin's tech start-ups received EUR4.1 billion of venture capital in 2019. Job growth between 2017 and 2019 grew 17% p.a. in this lucrative industry, drawing in highly qualified professionals from across the globe.
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Germany Economy


Germany maintains its position as a safe haven for international capital. Sentiment remains positive for 2020 despite uncertainty internationally thanks to the robust labour market and increasing domestic consumption.

With four top-10 European cities for real estate investment being in Germany, investor confidence and demand remains high. In 2019, a total of EUR88 billion was invested in commercial and residential real estate across the country, an increase of 8% on 2018.

Berlin, in particular, has drawn a lot of investor attention. Operating as Germany's centre for government, technology and education, it has come second in PWC's best European City for Investment in 2020.

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Economy

 Germany is Europe's largest economy with a GDP of EUR4 trillion and a growth rate of 3.3% as of 2019. Berlin, however, tops this GDP growth rate at 5.3%, making it a particularly strong regional economy within the country.

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Population

It is estimated 83.5 million people will be living in Germany by the end of 2020, with more than half part of the working population. In Berlin, the current working population is over 2 million, with faster growth than London or Paris.

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Employment

Germany has a record breaking unemployment rate of 3.1%, almost double the EU average. Berlin is not far behind at 7.8% and rapidly diminishing. It has already decreased more than a third of what it was in 2009.

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Learn More About Germany Property

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Germany Investor Guide

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GREO 2020

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