2023

Real estate purchase: cash no longer allowed

Real estate may no longer be paid for with cash, precious metals such as gold and silver, and diamonds. In addition, a real estate transaction database based on information from notarial deeds is to be created in the near future. The measures are intended to combat crime and money laundering. In addition, foreign companies acquiring real estate in the country are...

Training: Young craftsmen wanted!

Attracting more trainees to skilled trades is the goal of the German Chambers of Skilled Crafts (DHTK) in collaboration with its partner Meta. On various social media channels, the DHTK is therefore now using a video to draw attention to, among other things, the numerous professions that exist in the skilled trades. Interested parties can, for example, train to become a metal worker, an electrical...

Analysis: Banks must take a closer look when granting real estate loans

Banks are becoming more cautious in granting loans to home builders. This development is predicted by the audit and consulting organizations EY based on a recent analysis. "The tide has turned in the real estate market: The sharp rise in interest rates is slowing demand for real estate loans, and in addition, real estate appears to be on the rise, with prices increasing by 35 percent between Q1 2019 and mid-2022,...

House building: VPB advises to nature-near gardens

Promoting biodiversity in home gardens and avoiding stone deserts - that's what owners should do, according to the Association of Private Builders (VPB). The VPB also gives some tips on how this can succeed. For example, owners should opt for insect-friendly hedges with plants such as red dogwood, field maple or hornbeam instead of cherry laurel and thuja hedges. Because the latter are said to be...

Digital: Bavaria tests digital twins

With the help of so-called "digital twins," the Free State of Bavaria wants to become a modern digital state. A "digital twin" is the mapping of an object from the real world into the virtual world. The aim is to use the digital twins to simulate various processes. These can be situations from road traffic, for example. With the help of...

Judgment: BGH rules on allocation of burden of proof

A case in which a grape plays a decisive role has now made it all the way to the Federal Supreme Court (BGH) (VI ZR 1283/20). In November 2018, a customer wanted to shop in a furniture store in Kiel. In the process, she slipped on a grape lying on the floor, fell and sustained such severe injuries that she ultimately had to have a hip endoprosthesis implanted....

Upholstered furniture: According to VDM, this is currently in

Modular concepts are currently in vogue for upholstered furniture. This is pointed out by the German Furniture Industry Association (VDM). The furniture is particularly flexible. For example, elements can be rearranged and redesigned. This is possible, for example, with sofas that have several elements that can be moved, chairs with interchangeable legs, or sofas that can be...

Sustainability index: Wolfsburg, Ulm and Heidelberg at the top

Wolfsburg, Ulm and Heidelberg are considered the most sustainable cities in Germany. This is the result of a sustainability index compiled by the Cologne Institute for Economic Research (IW) on behalf of ImmoScout24 and Wirtschaftswoche. The index analyzed the economic, ecological and social sustainability of over 70 independent cities in Germany. Various factors were taken into account in the...

Construction industry: associations call for improvements

Improvements in the framework conditions for new construction, special depreciation for affordable rental housing in tight housing markets and more incentives for home ownership - these are the demands made by the Federal Association of Building Materials, Stone and Earth, the Main Association of the German Construction Industry, the Central Association of the German Construction Industry (ZDB) and the Central Association of German Skilled Crafts in their position paper...

Climate protection: Ten municipalities receive awards

In the "Climate-Active Municipality 2022" competition, ten municipalities that are particularly committed to climate protection received prize money of 25,000 euros each. In the "Resources and Energy Efficiency" category, the city of Mindelheim was honored for the energy-efficient renovation of the Maria Theresia outdoor pool, the district of Viersen for the climate-friendly new construction of the central district archive, and the...

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