|
|
Berlin's real estate market - the big names are coming
The low prices and the great development prospects of German and
particularly Berlin's real estate are drawing increasing attention from
institutional investors. The following large-scale investors have
acquired their first property portfolios during the last few months in
Berlin/ Germany:
- Mira 27,000 residential units
- Cerberus/ Goldman Sachs 65,700 residential units
- Fortress 82,000 residential units
- Blackstone 31,000 residential units
- Morgan Stanley/ Corpus 48,000 residential units
- Oaktree 18,000 residential units
In May 2006 the US pension fund PUMA announced plans to invest EUR
1bn in Berlin residential property over the next 24 months.
|
 |
big names are coming
very attractive prices
perfect timing
|
|
