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Protection: Young generation relies on real estate

Young people are stepping up their efforts to secure their finances and are increasingly investing in shares and real estate. This is the result of a Swiss Life pension report. The pension report shows that the average age of those investing in retirement provision and security has fallen by 1.5 years to 35.4 years over the past ten years. The demand for real estate and...

Apprenticeship: Part-time studies in real estate management

The Master's degree course "Real Estate and Facilities - Management and Technology" at the Rhineland-Palatinate University of Technology Kaiserslautern-Landau (RPTU) will also be offered on a part-time basis from the coming winter semester. Registration for the winter semester is still possible until Friday, September 15. In the Master's program, students can expand their knowledge in the areas of strategy,...

Hydrogen: building a core network

The Federal Cabinet has passed an amendment to the Energy Industry Act (EnWG). This is intended to drive forward the development of a hydrogen core network in Germany. Federal Minister for Economic Affairs and Climate Protection Robert Habeck emphasizes: "Our goal is to quickly ramp up the hydrogen market in order to further promote the decarbonization of economic sectors with high greenhouse gas emissions...

Lockdown: No right to compensation for hairdressers

Hairdressers that were closed during the first lockdown in spring 2020 are not entitled to compensation for loss of income. This was recently decided by the Federal Court of Justice (BGH) (III ZR 41/22). In this case, a self-employed hairdresser had filed a lawsuit. She claimed compensation for the six-week closure of her business as part of the fight against the pandemic...

Parquet: industry struggles with declining sales

The German parquet industry is facing new challenges, also with regard to international trade. According to the Association of the German Parquet Industry (vdp), the turnover of member companies in Germany rose by 6 percent to 274.4 million euros in 2022, partly due to price increases in the supply chain. However, parquet sales fell by 11.7 percent to 7.7 million...

Residential real estate: Investors plan to increase

The expectations of real estate investors with regard to European residential real estate are high. A study by Savills and Savills IM shows that 42.6 percent of respondents expect a significant increase in the proportion of residential real estate in their portfolio by 2025. The study is based on the responses of around 70 investors who together manage more than one trillion euros. Currently...

Construction industry: more apartments completed in 2022 than in the previous year

In 2022, 1,900 more apartments were completed in Germany than in 2021 (+0.6%). According to the Federal Statistical Office, 295,300 new apartments were built. However, the 2020 level of 306,400 apartments was not reached. Of the completed apartments, 258,800 were new-build apartments in residential buildings. The differences in construction output varied depending on the type of...

Wind energy: turbines from the 3D printer

Quarter-axis wind turbines produced using a 3D printer are set to serve as a sustainable energy source for schools in the future. The Constructor University in Bremen-Nord is currently working on a corresponding research project together with the district of Friesland. The quarter-axis wind turbines are being produced using an industrial Delta 3D printer at the university. Afterwards...

Verdict: Extraordinary termination justified

A landlord may give extraordinary notice of termination to the partner of an original tenant if he conceals her death. This was decided by the Munich Local Court (AZ: 417 C 9024/22). In this case, the local court ordered an eviction period of several months and obliged the partner (defendant) to return the apartment. In 1975, the original tenant had...

Trend: Starry skies in the living room

According to the brigitte.de portal, the childhood dream of having your own starry sky in your room can be extended to an unexpected area - the living room. Modern projectors enable a magical play of light that satisfies the longing for the sky within our own four walls. Projectors are now so advanced that they can project the sky at the touch of a button....

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