International Property Portfolio Summer 2016 / 2017 | Page 28

Berlin has over the past 10 years experienced a surge in the demand for real estate. Out of all German cities, Berlin has seen the biggest net increase in the population, growing from 3m in 2004 to 3,4m in 2015. This influx is attributed to the significant percentages of German university students moving to study in Berlin, highly educated baby boomers seeking access to the city’s medical facilities and those looking to enjoy their retirement. The city is positioning itself to become the European start-up capital and with the launches of the most successful European IPO’s of web 2.0 type companies Zalando and Rocket Internet, there is a good chance of it succeeding.