How is the real estate market developing? Real estate giant JLL considers this city particularly interesting

New buildings in Berlin

The German real estate market is booming. But how long? What the international real estate service provider JLL thinks about it.

(Photo: dpa)

Frankfurt The international real estate service provider Jones Lang Lasalle (JLL) warns that the planned energy transition could jeopardize the federal government’s new construction target. “If you overwhelm the homeowners, there will certainly not be 400,000 new apartments a year,” says JLL CEO Christian Ulbrich in an interview with the Handelsblatt. “The government should therefore soon follow up on energy subsidies.”

The federal government abruptly stopped funding for energy-efficient renovations and efficiency houses last week, which caught many project developers and house builders completely unprepared and tended to make new construction projects more expensive. It is the declared goal of the traffic light coalition that 400,000 new apartments are built in Germany every year in order to get the shortage and price increases in rents under control.

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