New building in Berlin: Record investments cannot break stagnation!
New building in Berlin: Record investments cannot break stagnation!
Brandenburg, Deutschland - In Berlin, an ambivalent picture on the housing market shows: Despite considerable investments, the new building is stagnating. According to the latest information from RBB24 Invest the housing companies in the capital, But the forecasts for 2025 only speak of around 5,300 newly completed apartments. This corresponds to the level of the previous year and is drastically less than in 2022.
The Association of Berlin and Brandenburg housing companies (BBU) signals that companies want to make investments of almost 3.9 billion euros in the coming year. This represents an increase of around a third compared to 2024, with over 40 percent of the funds to flow into the new building. Similar observations also provide Tagesspiegel Costs and the lack of specialists slow down the development of new apartments.
hurdles and challenges
The challenges are diverse. The construction money costs, which dropped by a third compared to previous years last year, contribute to the misery. At the same time, the prices for apartments and their new construction rose by around 50 percent. These price increases reduce the chances of success of the investments, as BBU head Maren Kern notes. There are numerous measures to improve the situation, including the newly initiated Faster Building Act and the ongoing administrative reform in Berlin.
In order to still make progress, the BBU demands more planning security and freedom for the housing companies. The persistently high costs for materials and services are another reason why the new building is currently stalling.
market analysis and rental price development
The picture in the surrounding area is also tense because the rents here rose by 6.3 percent, with Potsdam as a pioneer at EUR 11.91/m². Over the past eleven years, the median of rental prices in Berlin has increased surprisingly - by over 60 percent. In this context it becomes clear that the efforts for new living space are not only urgent, but also indispensable in order to meet the growing needs of the population.
Overall, it remains to be seen whether the announced measures will be sufficient in order to actually advance housing in the capital. The next few months will show how the construction activities are in Berlin and whether the investments can bear fruit.
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| Ort | Brandenburg, Deutschland |
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