This is true for Western and Eastern Germany. This, however is villages and small towns. Keep up on the field with thought-provoking pieces from Anuradha Mittal. Appealing B sites are medium-sized cities, however, and they grow strong.” University cities and municipalities, which have successfully established themselves as senior residences, to include. Source: harvard medical school. The Manager-online magazine running the example to Weimar: in the Thuringian city of culture, where once Goethe, Herder and Schiller worked, the number of inhabitants from 2001 to 2010, by 8.5 percent rose to 65.479 people. Increasingly well-educated and wealthy seniors of East – and West Germany move into the city, to enjoy the performances of the national theatre and the Staatskapelle, to convert between castles and palaces and museums to build up advanced “, is read. Similar developments were in Erfurt, Germany, to observe Baden-Baden and Freiburg. However, this does not reflect itself in the value of the real estate again, because the B-cities so far only a few buyers curl, attracted House prices only slightly over the past ten years”, BulwienGesa expert Adami is quoted as saying. Specifically Freiburg is pointed out as an example, that, in the Breisgau city, the condos in the stock is rose in an average of only 5.3 per cent since 2001.
Thus the performance not even half as high fell out within a whole decade, as in Berlin, Hamburg or Munich in the last year alone. : The average apartment rent in Freiburg were soared since 2001 to stately 27,82 percent 8.50 euro per square meter per month. Because the rents grew significantly faster than the real estate prices, the net return have increased since 2001 from 3 to 3.85 percent. “To do this Stefan Helmbrecht: with this development, which can be seen also in other class B locations, these cities for investors of course gain attractiveness.” However, it could happen in class B cities climb soon faster property prices as the prices. The first family offices and asset management namely begin to buy apartment buildings at class B locations, reported the Manager-online magazine. Private investors have followed the trend, that would drive housing prices upwards. Stefan Helmbrecht is now mainly active as investor and project developer in the listed real estate sector, moreover, he controls the real estate activities of various well-known family offices and selected institutional investors.