Wednesday January 29, 2020

Time for discerning investors to sell Berlin assets

Many Irish investors bought property in the German capital in the years following the fall of the Berlin Wall

17th April, 2016
4
Berlin: now could be the time for foreign investors to cash in on what has been one of the most successful markets in the past decade

Following the fall of the Berlin Wall in 1989, expectations for the city were sky high. As it turns out, they were far too high. A lot of new property was built, very quickly and very expensively. A perceived “swift integration” of East Germany and Berlin taking its rightful place as Germany’s capital was to fuel a huge expansion.

It was expected that all major German corporate entities would want Berlin offices...

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