Germany Berlin residential market report 2024

Residential

17 April 2024

Opr./edited by ANZ

Rental prices are continuing to rise sharply on the Berlin residential market

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According to the Berlin 2024 Residential Market Report by real estate financier Berlin Hyp and real estate service provider CBRE, purchase prices have fallen, while pressure on the rental housing market continues to increase. As a result, rental prices are continuing to rise sharply.

Inflation, rising construction costs and high interest rates dashed many a dream of home ownership in 2023. As a result, purchase prices have fallen, slightly in the case of condominiums and more sharply in the case of apartment buildings. Meanwhile, pressure on the rental housing market continues to increase, and as a result, rental prices are continuing to rise sharply, and there is a sustained trend towards moving to the surrounding area, despite prices also rising there. Despite the rent fr

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Latest news

Warehouse & industrial

Poland Procan grows in Prologis Park Błonie

Opr./edited by AH

Procan has extended the space it occupies in Prologis Park Błonie to almost 10,000 sqm. Under the new agreement, the company will take up a further 2,300 sqm of warehouse space as well as the 7,600 sqm it currently occupies in the adjacent building.

Material partner

Poland Atlas Estates secures major loan from Bank Pekao

Atlas Estates is pleased to announce the successful securing of a significant loan facility from Bank Pekao SA, one of Poland’s leading financial institutions. This financing marks a continued vote of confidence in Atlas Estates Group’s business model, strategic direction, and longstanding partnership with Bank Pekao SA.

Warehouse & industrial

Poland Simba Toys stays on at MLP Pruszków II

Opr./edited by AH

Simba Toys, a toy manufacturer and distributor, has renewed its lease for approximately 8,500 square meters in the MLP Pruszków II logistics complex.

Office & mixed-use development

Romania Dionisie Lupu sold

Opr./edited by AH

Smartown Group has completed the sale of the historic Dionisie Lupu office building in Bucharest at a yield of 8.2 pct. The purchaser remains undisclosed.

Office & mixed-use development

Poland Metron goes to school

Opr./edited by AH

The Multilingual Education High School is to open in the Metron building in Warsaw's Mokotów district with a lease of 850 sqm, taking up an entire floor in the building.

Warehouse & industrial

Poland New warehouse supply down

Opr./edited by AH

At the end of Q2 2025, total modern industrial and logistics stock (including office space in these facilities) reached 36 mln sqm, according to the latest figures from the Polish Chamber of Commercial Real Estate (PINK) with the largest markets being the Mazowieckie Voivodeship (7.19 mln sqm), the Silesia (6.15 mln sqm), and the Dolnośląskie region (5.30 mln sqm).

Office & mixed-use development

Germany Silverton signs up Corall Ingenieure

Opr./edited by AH

The Silverton Group has leased around 950 sqm of office space at Otto-Hahn-Strasse 10 in Meerbusch, near Düsseldorf, to Corall Ingenieure on a long-term lease.

Romania Mercure comes to Transylvania

Opr./edited by AH

The Mercure Hotels & Resorts chain has opened its first hotel in Transylvania. The Mercure Alba Iulia has 118 rooms as well as modular meeting spaces.

Retail & leisure

Poland Small towns lead retail expansion

Opr./edited by AH

Small towns in Poland have seen the majority of the new retail space come to the market. According to data from CBRE 599,500 sqm is currently under construction with small towns accounting for more than half of the space.

Retail & leisure

EMEA region Luxury in decline

Opr./edited by AH

Luxury and midmarket retailers across EMEA are recalibrating strategies in response to a cooling post-pandemic retail environment, according to Colliers’ latest “EMEA Retail - Retailer performance & response to changing market conditions”. The report highlights a marked slowdown in luxury revenue growth, persistent consumer caution, and operational shifts triggered by evolving trade dynamics and supply chain vulnerabilities.

Office & mixed-use development

Czech Republic Prague office prices differentiated by location

Opr./edited by AH

While rents for premium offices in the city centre can reach EUR 30 or more per square meter per month, rents on the outskirts of the city remain well below EUR 15. The office real estate market in Prague thus continues to show a trend of differentiation based on location and building quality, with proximity to the metro remaining a key factor influencing both prices and demand, according to Colliers in its latest report.

Poland Redefining luxury

Opr./edited by AH

The value of the hotel and spa services market in Poland increased by 16.7 pct year-on-year in 2024, reaching PLN 7.8 bln. According to KPMG, this trend is consistent with the broader, global recovery of the tourism sector.

Retail & leisure

Romania Global Vision does retail in Oradea

Opr./edited by AH

Global Vision has announced its first retail project. Oradea Retail Plaza is to be built on a 2.6 ha plot in Oradea.

Retail & leisure

Poland Retail market picks up steam

Opr./edited by AH

The retail sector in Poland is showing solid growth, according to the latest 'Review: Retail Market in Poland' report published by BNP Paribas RE. More than 94,000 sqm of modern retail space was added to the market over the second quarter of 2025 with over 60 pct delivered in the form of retail parks. The strongest rebound in retail park development activity is being seen in smaller cities, where relatively low market saturation levels continue to support the expansion of this retail format.

Warehouse & industrial

Poland Egelhof starts production in Radom

Opr./edited by AH

The Egelhof Group is to open its first factory in Poland. The modern 14,000 sqm plant is to be built in the B1 Park in Radom, with production to start in Q4 2025.

Warehouse & industrial

Poland NRF Thermal Engineering comes to Panattoni Park Gdańsk West II

Opr./edited by AH

A 39,000 sqm industrial hall is being built in Panattoni Park Gdańsk West II, and the first tenant to sign a lease for space in the building is NRF Thermal Engineering Poland.

Investment & finance

Poland Pbb lends EUR 40 mln to to Resolution Capital Management

Opr./edited by AH

Deutsche Pfandbriefbank AG (pbb) has granted an investment loan facility of EUR 40 mln to an office fund to finance the acquisition of two neighbouring office buildings in Warsaw. The financing is also to be used to modernise the buildings and improve their ESG standards.

Investment & finance

Poland Stable investment over H1

Opr./edited by AH

The total investment volume in commercial real estate reached EUR 1.7 bln in the first six months of 2025, write BNP Paribas Real Estate Poland in its latest report entitled 'Review: Investment Market in Poland, Q2 2025'. The report notes the rise of domestic capital to be of particular significance.

Warehouse & industrial

Germany New partners embark on two joint projects

Opr./edited by AH

Rheinische Grundbesitz and Harden Industriebau have formed a strategic partnership to develop two projects in North Rhine-Westphalia. The partners will jointly develop Europe's first professional snooker arena in Oberhausen and a modern business park on the site of a former Zoo Zajac pet store in Duisburg-Neumühl.

Office & mixed-use development

Poland Vacancies squeezed by supply across the regions

Opr./edited by AH

High demand is reducing the available space in regional office markets, says CBRE. A growing divide is now visible between prime properties and the rest, reflected in both vacancies and rents.

Latest in Residential

PBSA market set to grow rapidly

Over the next two years, the number of beds in private student residence halls will increase by 70 pct, according to the latest analysis by Knight Frank.

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Noli Studios Gdansk Old Town unveiled

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Heimstaden starts apartment sales

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EBRD supports Resi4Rent

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Living sector on the rise

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All.inn to appear in Gdańsk

Torus has announced its All.inn students’ residence concept that is soon to appear on ul. Konarskiego in Gdańsk.

PRS growing rapidly in Poland

JLL experts present an analysis of the rental sector along with an outlook for the future. At the end of 2024, there were more than 22,300 units in the PRS sector in Poland, of which around 26 pct were brought to market last year.

Mint lays out its growth plans

The Mint residential fund is planning to extend its portfolio by 500 apartments in 2025, increasing the value of its assets by CZK 4.5 bln.

A promising academic year

The PBSA market represents an attractive investment opportunity, although it still remains a niche market, according to the authors of a report prepared by Savills.

Polish luxury market is maturing

According to Walter Herz experts, the premium real estate market in Poland is steadily growing, though at a slower pace compared to previous years. The prices of luxury homes and apartments are also rising, influenced by a variety of factors. The perception of luxury is also changing.

Polish PRS market overview

A new report by Avison Young describes the current situation in the Private Rented Sector in Poland. The market has experienced a decade of growth, however, institutional rental sector is still in its early stages, with the first transaction completed in 2014.

12 February 2025

New PRS investment in Warsaw

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04 February 2025

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24 January 2025

Investors see the potential in students

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13 December 2024

Robyg builds in Wrocław

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11 December 2024

European PBSA sector could grow by 70 pct over the next 5 years

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04 December 2024

Resi Capital is developing its first project in Bielsko-Biała

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29 November 2024

Capital Park Group launches landmark development in Katowice

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13 November 2024

YIT goes to Brno

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Latest comments

Flex market picks up momentum

Flex market picks up momentum

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Office & mixed-use development

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Residential

PBSA market set to grow rapidly

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Zeitraum – Racławicka to open for next semester

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Retail & leisure

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Warehouse & industrial

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