August 2023

Partial real estate sales: risks due to price declines

The continuing price declines on the real estate market pose considerable risks for part sellers of houses. This is according to an article in "spiegel.de", which refers to a study by Leutner-Consulting. According to the study, owners who lose 10 percent of the value of their property could only realize 66 percent of the original value for their remaining share. For larger...

Economy: Hubs for more sustainability

The Fraunhofer-Gesellschaft aims to promote the circular economy by introducing so-called Circonomy® hubs. These networks, spread throughout Germany, aim to develop systemic and technical solutions for sustainable production and consumption. They bring together stakeholders from science, business, associations and society to create a specific...

Wind energy: Federal Minister of Economics Habeck opens test facility

The Wind Energy Competence Center at the Physikalisch-Technische Bundesanstalt (PTB) in Braunschweig was recently opened by Federal Minister of Economics Robert Habeck. It houses a system that can measure the immense torques that occur in offshore wind turbines in particular with extreme precision. The newly developed "torque standard measuring device" is capable of measuring various...

Energy transition: Tenant protection association calls for more support

The energy transition in the building sector is making progress, but the Tenants' Protection Association is calling for more support for tenants in this context. Although the German government has presented funding programmes for homeowners to modernize their heating systems in a socially responsible way, the needs of tenants are not being given sufficient consideration, according to the Tenants' Protection Association. The replacement of gas or...

Upcycling: transforming old furniture into new pieces of jewelry

Transforming old furniture into new pieces of jewelry is a trend that is also good for the environment. According to the blog "Comfort Works", upcycling can involve giving furniture a fresh coat of paint, giving it a new upholstery or replacing certain parts. For those with a knack for craftsmanship, it can even mean taking old furniture completely apart and...

Housing: Tenants favor transparent living concepts

Many tenants in Germany are now focusing on sustainability, future-proof infrastructure and transparency on the part of landlords, particularly with regard to ancillary costs. This is the result of a recent study commissioned by Aareal Bank. One of the main problems from a tenant's point of view is the lack of openness and transparency on the part of landlords, particularly in the area of service charge billing....

Natural hazards: many Bavarian homeowners uninsured

A flood devastated large areas of Bavaria in 2013, including the Fischerdorf district of Deggendorf, where the water rose up to four meters high. Two weeks after the disaster, more than 500 victims met in the Deggendorf town hall, most of them from Fischerdorf. The residents, still exhausted from the disaster, shared harrowing stories of flooded streets,...

Energy transition: BMWK informs

Plants operated by citizen energy companies receive remuneration for feeding electricity into the public grid without a tendering process. In addition, subsidies of up to 200,000 euros can be claimed for the planning of wind turbines. The Federal Ministry for Economic Affairs and Climate Protection (BMWK) points this out in the brochure "Renewable energies for your...

Ruling: Third-party property remains unaffected by ban on association

If a property belongs to a third party and is used to promote the unconstitutional activities of an association, it can only be seized and confiscated if it can be proven that the third party acted with intent. In particular, the third party must have the intention of supporting the association's prohibited activities by transferring its property to the association. This was recently decided by the...

Gardening: steps towards more sustainability

A sustainable garden is not a Herculean task. According to the "brigitte.de" portal, there are simple strategies that garden lovers can use to design their personal green oasis in an environmentally conscious way. One of these strategies is to use water consciously. Instead of wasting expensively purified tap water, the use of rainwater from a rain barrel can be a sustainable way of...

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