A newcomer to the international property investment arena is piquing interest worldwide
For some time, Berlin was avoided as a property investment destination. Yet once Germany’s economic development began to boom, interest from both domestic and foreign property investors began to increase rapidly. Even during the difficult climate of the financial crisis, interest continued to grow as a result of Germany’s low interest rates, causing more owner occupiers to look for a place to live and more foreign investors to look for a safe place to invest. This led to today’s demand for good properties in Berlin being far greater than what is actually available on the market. European CEO had the opportunity to speak with Carsten Heinrich, the Managing Director of Rubina Real Estate, about the market’s rapid growth and what can be expected in the coming years.