Germany offered easy citizenships to Britons during Brexit, although Germany does not allow dual citizenship; is treating Britons as citizens during the transaction phase. There are provisions under which people who have lived for more than 5 years in the country will be granted settled status and citizenship benefits such as pensions and healthcare. During Brexit, Berlin offers commercial investment opportunities where rents are rising for small and medium-sized tenants. German markets are transparent compared to those in China, where growth fell from 7 percent in 2017 to 4.5 percent in 2017. In the United States, home prices increased by 6.3 percent in 2017, while Seattle saw the highest growth, equal to 12.7%. – as reported by Knight Frank. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an original essayBR-NAS has purchased 30 million euros worth of office space in Germany in Düsseldorf and Essen. Deutsche Industries bought three industrial properties in Berlin – (Schleiz on the Munich, Bremen and Lower Saxony Autobahn, Shortens for 8.05 billion euros). Dentan has partnered with real estate company René Dubois to boost real estate business in Germany. The Swiss company Swiss Life will buy Berlin-based BEOS to strengthen its subsidiaries in the mixed real estate sector: office space, production and logistics. Investments in German real estate funds increased in 2017 by 50% and there are at least 13 German open-end funds targeting institutional investors and private investors to invest in the country to profit during Brexit volatility (as assessed by Scope). In 2017, total investment in Germany was 2.3 billion euros. Germany is showing some of the highest growth while UK real estate is slowing in some regions. Hong Kong and Vancouver are other growth cities. According to statistics published by Deutsche Bank, inflation has increased by at least 80% in Germany's major cities over the past ten years. Apartment prices in Munich have doubled, while in Hamburg they are growing by 70%. Low interest rates, more jobs and population growth in major cities are the main reasons for rising property prices leading to shortages where the population of cities like Munich grew by several thousand compared to the available housing units in Germany . In Berlin, prices have grown by 20% year-on-year and on average property rates in Frankfurt, Munich and Hamburg have grown by 13% over the past year. Please note: this is just an example. Get a custom paper from our expert writers now. Get a Custom Essay Office prices in Germany are growing and the price of commercial real estate in German submarkets has also increased. Growing demand from investors has led to the price of office space rising three times in five years, and support for visa and settlement options has increased the influx of young tech workers into the country. Singapore Asset Fund bought property in GIC Pte bought property in Berlin TechnoCampus with partnership of local company and project transforms old buildings into office spaces.
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