"Berlin continues to enjoy success in terms of the number of companies setting up offices in the capital. In 2008, Berlin’s business development agency, Berlin Partner, was able to attract a total of 128 new companies to the city. Together, these companies are set to create almost 6,000 new jobs and ensure a robust commercial real estate market.
In 2008, Berlin’s gross domestic product grew by 1.6 percent, placing the city clearly above the national average of 1.3 percent. Berlin beat out Baden-Württemberg in the rankings of German states to assume second place. And the prognosis for Berlin in the year ahead is decidedly more optimistic than it is for Germany as a whole or its individual federal states.
In Berlin, the number of business start-ups is 20 percent higher than the national average (Source: Bürgschaftsbank Berlin-Brandenburg).
Berlin promises stability during the crisis because the city offers ideal conditions to companies and their employees:
For example, those sectors set to maintain their ground during the economic crisis, such as the life sciences, mobility/clean technologies, media/IT/creative industries and service industries, are disproportionately represented in Berlin.
Berlin’s favorable real estate market is one of the decisive factors attracting new businesses to the capital. It boasts the following features:
– Even in the most sought-after locations, rents of up to €22.00/m² are still affordable in international comparison.
– Berlinreal estate remains undervalued in international comparison, making it all the more appealing to developers and proprietors.
– According to a study published by the property consultants Atisreal and Jones Lang LaSalle, Berlin’s commercial real estate market will remain at a high level, with an expected 450,000 m² in turnover in 2009.
– The Berlin commercial real estate market is particularly stable because it is structured in smaller parts.
– The housing market also continues to undergo positive developments. As a result of the constant influx of new Berliners and the first birth surplus in years in 2008, demand in this segment is growing.
– Germany’s Real Estate Association (IVD) confirms that rents in the housing market in fashionable districts are rising steadily, yet moderately" .
Berlin Partner is the first business-development agency worldwide to provide a comprehensive virtual 3D city model in which business information about Berlin can be visualized in a wide-ranging and in-depth manner. The entire city’s roughly 500,000 buildings are re-created in a 3D photo-realistic presentation on Google Earth.
Available commercial space and leading industry locations and their environs can be viewed at a glance.
Economic segments, such as the music industry and automotive sectors, are integrated into the model.
You can learn about Berlin’s open spaces and current urban-planning strategies during a virtual flight over the city. (CS di Berlin Partner)
