Central Vista in New Delhi: XXL construction project

The capital was still designed under colonial times. Next to the old Delhi, a completely new government district was to be built. The new building was also inspired by European structures, including the “Arc de Triomphe de l’Étoile” on the Avenue des Champs Élysées, in Paris. A similar arch can also be found in the Central Vista, New Delhi.

By the way, the Central Vista itself was inspired from the USA. More precisely, the National Mall (Washington, D.C.). A 3.5 kilometer long street with the Capitol at the end. The destination of the street is the center of political power. All streets run star-shaped on this area.

Now everything is being redesigned, including the parliament. From above, it resembles a ship’s propeller, three elements surrounded by a round circle. Learn more, in this new video.

2.7 Billion Conversion: Video

Central Vista in New Delhi: Map

Virtual tour of the Central Vista

Impressions

On the way to the Arc de Triomphe.

Gate in the castle garden:

Away from the government district, living in New Delhi.

Company over 1 billion value

India is developing faster and faster. This year, there were over 36 unicorns in India, that is, private companies with a valuation of over US$1 billion.

3 new Unicorns / year

Many want to start a company, many do. Companies going public in 2021 have raised real record amounts of money in the market. But they also face unique challenges in becoming even bigger.

Climate change, modernisation and urban development

As we reported a few weeks ago, cities are in a state of flux. No matter if it is about the densification of living space, for example by putting new floors on top of supermarkets or even completely new city ordinances, like in Taipei. Green cities are the future, more housing on less land. To make it happen, there are more and more ideas, like this week presented in Focus Online, Environment Minister Svenja Schulze wants stricter regulations: One million households threatened with expensive conversion of chimneys and flues. Also in the manager magazine the will for change shows up, e.g. by skyscrapers from wood. The view of the green change does not only have positive aspects. If you look at your own wallet, you will agree with the Handelsblatt that this week debates the increase in costs due to the CO2 tax.

Also interesting: Berlin – Greening of roofs becomes mandatory.

Skyscraper made of wood – new construction from sustainable resources

Change is everywhere. Even animals and plants are changing their habitats. As you can read in the article Europe’s extraordinary gardens, tropical fruits now grow in Europe, where as grapefruits in London and magnolias with a view of the Alps.

CO2 tax – Do we really need it?

Professor Dr. Harald Lesch takes a deeper look at the debate about the CO2 tax. The video says: “Fridays for Future is calling for a CO2 tax of 180 euros per tonne of CO2. No problem, you might think, what normal person produces a ton of CO2? In fact, we do, directly and indirectly, almost monthly: 10 tons of CO2 per year per German citizen.” – Learn more interesting facts in the video:

Real Estate Shares: Price Week

The top 3 winners at the moment at a glance. Here you can find all real estate shares.

Immofinanz Real Estate Investments AG

Eyemaxx Real Estate

Course Provider:

CR Capital Real Estate

Course Provider:

Real Estate News:

Manager Magazin about Singapore’s most expensive penthouse

There are also new headlines this week from Manager Magazin such as “Researchers present concepts: “Skyscrapers made of wood are a natural answer to climate change”” as well as “Apartment for $54 million: Billionaire vacuum cleaner Dyson buys Singapore’s most expensive penthouse”. More headlines:

• Apartment for 54 million dollars: Billionaire vacuum cleaner Dyson buys Singapore’s most expensive penthouse

Focus Online answers questions on property tax reform

The Focus Online blog reports on “Environment minister wants stricter guidelines: One million households threatened with expensive conversion of chimneys and flues” and “Courts have ruled: Service charges – these are the ten most important rulings for tenants and landlords”. More news and current laws:

• The most important answers to the reform: Scholz plan for new property tax: Who now has to pay more rent
• Environment minister wants stricter regulations: One million households threatened with expensive conversion of chimneys and flues
• Courts have ruled: Service charges – these are the ten most important rulings for tenants and landlords

Did you already know? These are the most frequent searches in Germany for property tax:

• When is the property tax paid?
• Who pays the property tax?
• What is the property tax A and B?
• What is the difference between property tax and land transfer tax?

IM Immobilienmanager about Generali Real Estate

This week at IM Immobilienmanager among others articles about “Generali Real Estate appoints Lukas Jeckel as Head of Region Central Northern Europe” and “Terragon: Annette Heilig appointed to the Management Board” . You can find more news here:

• Austrian real estate fund buys Babelsberg Center
• Terragon: Annette Heilig appointed to the Management Board
• Generali Real Estate appoints Lukas Jeckel as Head of Region Central Northern Europe

Frankfurter Allgemeine on expropriation and rent freeze

This week’s Frankfurter Allgemeine has some exciting articles, such as “Proper raking and mowing: How to do gardening without back pain” and “Expropriation and rent freezes: The GDR is no role model! More news from the past days:

• Rake and mow properly: How to do gardening without back pain
• Workplace couple dynamics: sharing a desk with Schatzi
• Expropriation and rent freeze: The GDR is no role model!

Handelsblatt on the increase in costs due to the CO2 tax

In contrast, Handelsblatt reports this week on “Rising aspirations fuel housing shortage” and “Here’s how CO2 tax would make housing more expensive” . More headlines of the week:

• This is how the CO2 tax would make housing more expensive
• ECB experts warn of overheating in the European real estate market
• Rising aspirations fuel housing shortage

Star over Youtube Star (6) buying his first house

The blog of Stern deals with “Warning signs: How safe is your job? 12 signs of your imminent dismissal” and “Real estate: family plans with 84,000 euros Baukindergeld – and is now to go empty” . More news of the week:

• Real estates: Family plans with 84,000 euro building child money – and is to go out now empty-handedly
• Warning signs: How safe is your job? 12 signs you’re about to quit
• In South Korea: Six-year-old Youtube star buys house for more than seven million euros

Haufe: Rents rise significantly slower than purchase prices

New from Haufe this week includes “Frühlingsfrisch” and “Rechtzeitige Zahlung der Gerichtskosten bei Anfechtungsklage” . More real estate news for tenants, buyers and sellers:

• Housing market: Rents are rising much more slowly than purchase prices
• Timely payment of court costs in an action for annulment

T-Online asks: How big does the budget have to be to buy a house?

This week, T-Online has topics such as “Recovering construction defects – claiming warranty when building a house” and “Construction guide – How big does the budget need to be to buy a house?”. New topics of the week:

• Apportionable service charges – What you as a tenant have to pay and what not
• Building Guide – How big a budget do I need to buy a house?
• Complain about construction defects – warranty claim when building a house

Süddeutsche Zeitung on living as a single

This week’s Süddeutsche Zeitung blog is about “How the government wants to fight money laundering” and “Room, kitchen, murder”. Updates and news from the newspaper:

• How the government wants to combat money laundering
• Where the singles live
• Room, kitchen, murder

Federal Gazette knows: Germany must build more

This week at Bundesanzeiger among others “Discussion about rent regulation misses actual market development” but also “Germany needs to build more”. New articles, headlines and trends:

• Germany must build more
• Discussion about rent regulation misses the actual market development
• Housing urban development plan: Focus on new construction instead of regulation

Berlin.de about the wood market project of the capital city

New articles and posts from Berlin.de this week include “Bund der Steuerzahler criticizes apartment purchases” and “Saleh jumps on Müller: Correct urban development plan” . More headlines of the week:

• Taxpayers’ association criticizes apartment purchases
• New start for Berlin timber market project
• Saleh jumps on Mueller: Correct urban development plan

Immobilien Zeitung sees Stuttgart logistics market on the upswing

This week Immobilien Zeitung has interesting topics such as “Stuttgart logistics market on the up” and “Poor but sexy was yesterday” in the magazine. The posts and more tips can be found here:

• Stuttgart logistics market on the upswing
• Logistics revenue is “exceptionally strong
• Poor but sexy was yesterday

Spiegel on the fight against money laundering

At Spiegel this week it’s about “Rich: Zara founder prefers real estate as an investment” and “Fight against money laundering: government takes real estate agents more to task” . More news from this week:

• Fight against money laundering: government takes real estate agents more seriously
• Central bank: ECB experts warn of real estate bubble in Europe
• Rich: Zara founder prefers real estate as an investment

Immobilien Zeitung: Nursing homes for senior citizens in short supply

The general housing situation in Germany is a growing problem in many places. The metropolitan areas and inner cities are overcrowded, and apartments in the surrounding areas are also too expensive. Particularly with our increasingly ageing society, senior housing is also in short supply and many older people and pensioners are faced with the problem of finding suitable accommodation at affordable prices that meets their needs. The same problem is faced by those people who need a place in a nursing home, because there, too, spatial resources are more than scarce. For this reason, relatives often take over the accommodation and, in part, the care of their elderly family members or make use of care services that support them at home.

Accessibility in rented flats

Rental apartments in particular are rarely designed with the needs of older people in mind. The houses and apartments must be accessible without barriers, which means a ramp as an alternative to houses with steps in the entrance area as well as an elevator of a suitable size for apartment buildings are basic requirements. But barrier-free accessibility only begins here. The apartments must not be too cramped, so that people with wheelchairs or walkers can move from room to room without any problems. The sanitary facilities must also be adapted: Grab rails on the walls and a level shower are particularly important here.

Conversions are often expensive and are therefore often not even considered by the landlord. The alternative in this case would be an owner-occupied flat, but here too the question arises as to the financial means of the person concerned and the spatial possibilities of the flat.

Nursing homes severely undersupplied

Due to their function, nursing homes are optimally adapted to the sometimes limited movement possibilities of senior citizens. Ramps in the entrance area, lifts, door frames that are hardened, doors that are equipped with sensors and open automatically… wherever possible, the needs of the elderly are taken into account. A major problem here is the growing shortage of staff, as fewer and fewer young people are considering a career as a caregiver for the elderly. The low pay plays a role here, because the nursing homes can often pay less than they would like, as their own resources are severely limited.

Furthermore, there is also a general lack of nursing places. The existing nursing homes cannot provide sufficient space for those in need of care, but plans for new buildings are rather rare.

Real Estate News:

Federal Gazette about strongly rising real estate prices in the last year

This week at Bundesanzeiger among others ” Back to reason? ZIA welcomes Berlin’s commitment to the constitution” but also “vdp index: property prices rise strongly again in 2018”. New articles, headlines and trends:

• vdp-Index: Property prices rise strongly again in 2018
• Back to reason? ZIA welcomes Berlin’s commitment to the constitution
• ZIA: Failure to appoint the building commission is a mistake

Berlin.de reports: Rising property prices also in Berlin

New articles and posts from Berlin.de this week include ” CDU fails with motion of disapproval against Lompscher” and “Rise in rents and purchase prices highest in Berlin”. More headlines of the week:

• CDU fails with motion of disapproval against Lompscher
• Alliance for Affordable Housing has spurred new construction
• Rents and purchase prices rise most in Berlin

Süddeutsche Zeitung with focus on modular building of the future

This week’s Süddeutsche Zeitung blog is about ” When words fail you” and “Vorgebaut”. Updates and news from the blog:

• When words fail
• New building area in Moosen
• Pre-assembled

Real estate newspaper on the shortage of nursing homes for seniors

This week Immobilien Zeitung has interesting topics like “Alarming shortage of senior housing” and “New construction is already at €9,000/m²” on the blog. The posts and more tips can be found here:

• Alarming shortage of senior housing
• Coworking shows no “waning momentum
• New construction is already at 9,000 euros/m²

Manager Magazin on the real estate boom in rural Germany

There are also new headlines this week from Manager Magazin such as “Aspen, Alps and Co: The most expensive ski resorts in the world” as well as “Rising market prices around big cities: real estate boom reaches the flat countryside”. More headlines:

• Rising market prices in the environs of the big cities: real estate boom reaches the flat countryside
• Aspen, Alps and Co: The most expensive ski resorts in the world
• Metropolis sues Airbnb: Paris demands millions from Airbnb for ‘illegal’ accommodation

Share prices: Winner of the week

German Geothermal Real Estate

German geothermal real estate with +20.00% this week (real estate in Germany) distributed on €1.45 million

• Price change (week): +20.00 % (€ 1.00) to currently € 1.20
• Daily rate: +9.09 % / Monthly rate: -34.78 % (1.84 €)
• 3 months: -7.69 % (1.30 €) / 12 months: -62.50 % (3.20 €)
• WKN: A16122 / ISIN: DE000A161226

Dream Global Real Estate Investment Trust

Dream Global Real Estate Investment Trust up +6.14% this week (real estate in Canada) with a volume of €1.15 billion

• Price change (week): +6.14 % (€ 8.63) to currently € 9.16
• Daily rate: +2.35 % / Monthly rate: +12.81 % (8.12 €)
• 4 months: +4.09 % (8.80 €) / 13 months: +18.19 % (7.75 €)
• WKN: A1131Y / ISIN: CA26154A1066

Godewind Real Estate

Godewind Immobilien up +4.18% this week (real estate in Germany) listed on CDAX, Prime All Share, Classic All Share, DAX International Mid 100 with a volume of 108.8m (as of 24.09.18) and a market capital of €395.3m

• Price change (week): +4.18 % (€ 3.489) to currently € 3.635
• Daily rate: -1.62 % / Monthly rate: +8.41 % (3.353 €)
• 5 months: +30.29% (€2.79) / 14 months: (-)
• WKN: A2G8XX / ISIN: DE000A2G8XX3