Museum Island, the Australian and Brazilian embassies, Berlin’s historic harbor – you simply can’t beat having neighbors like these. Unquestionably, the area around Köllnischer Park in Berlin-Mitte attracts sophisticated residents with a sense for the finest things in life. People who truly care about where and how they live, who want to live in a stylish apartment in a vibrant location. This exclusive condominium in Embassy, a stunning new residential complex in the heart of Berlin, represents an investment opportunity with the very best potentials. After all, the Berlin housing market is gripped by strong demand and a significant under-supply. And demand for residential units in the German capital is set to remain high for the foreseeable future: 20,450 new residential units need to be added every year until 2030. Unfortunately, only 19,000 new apartments were completed in 2019. In the medium term, completion figures are likely to stagnate. Not only are fewer construction permits being issued, the availability of building land is also in decline. In combination, these two factors are creating serious obstacles to the long-term development of new housing.

HIGHLIGHTS

• Strong and sustained demand for apartments: 20,450 new units needed p.a. until 2030*
• Attractive investment environment
• Constant population growth: Net population growth averages c. 20,500 p.a. over the last five years*
• Europe’s start-up capital

*Source: JLL Residential City Profile, H1 2020