Economy: DIW anticipates rising sales in the construction sector 

The German Institute for Economic Research (DIW) is forecasting rising sales in the construction sector - despite the coronavirus pandemic, capacity bottlenecks and high prices for construction services. After the nominal construction volume already rose by 10% to €488 billion in 2020, the DIW expects construction output to increase by a further 13% this year and by around 10% in the coming...

Climate protection: what is planned 

In order to improve climate protection, the Federal Ministry for Economic Affairs and Energy is planning to implement various immediate measures in the near future. There are to be innovations with regard to the EEG amendment, solar energy, wind energy, the electricity price, climate protection contracts with industry, the heating strategy, building standards and subsidies and hydrogen energy, among other things. Planned...

Ruling: Retailers can reduce rent during lockdown 

Retailers who were affected by the lockdown in spring 2020 due to the coronavirus pandemic can reduce their commercial rent. This was recently decided by the Federal Court of Justice (BGH). However, it always depends on the individual case. According to the BGH, several aspects must be taken into account when making a decision. For this purpose, it must be examined what loss of sales the lockdown was accompanied by, what...

Kitchens: Trends 2022 

The "schoener-wohnen.de" portal has found out which kitchen trends will be popular in 2022 and broken them down in a series of pictures. The trends include natural materials, dark kitchen fronts and matt surfaces. In addition, worktops are becoming thinner and therefore more delicate. The portal also mentions a so-called "kitchen-living-workroom" trend. This will...

Real estate market: DIW points to speculative exaggerations 

The German Institute for Economic Research (DIW) recently examined the development of real estate prices in 114 major German cities. It found that prices for owner-occupied homes and apartments have risen by 9 percent compared to 2020. The DIW is of the opinion that "speculative exaggerations are occurring in more and more regions and market segments, particularly in...

Project: Development of a standard timber construction system 

Wismar University of Applied Sciences, the Technical University of Braunschweig, the German Timber Industry Association (HDH) and Haas Fertigbau GmbH want to jointly develop an open standard timber construction system for public buildings by the end of 2024. According to the Agency for Renewable Resources, the aim is to create a standard timber construction system that can be used by planners and small to medium-sized carpentry and...

Real estate transfer tax: how long couples and singles have to save 

How long do singles and couples have to save up for property transfer tax in order to realize their dream of owning their own home? This question was investigated by the information service of the German Economic Institute (iwd). The result is that couples who want to buy a detached house have to set aside 5.5 months' income for property transfer tax. For singles who want to buy a condominium...

Tree felling: landlords may apportion costs 

Landlords can pass on the costs of felling a rotten tree on a rental property to their tenants. This is the result of a ruling by the Federal Court of Justice (AZ: VIII ZR 107/20). According to the ruling, the costs of felling a tree are among the apportionable costs of garden maintenance. In the case in question, a tenant had taken legal action against a housing association that had cut down a rotten...

Living trends: what's hot in 2022 

What's the best way to live in the new year? The portal "fuersie.de" has broken this down and identified the four biggest living trends for 2022. According to the portal, these are natural materials, Viennese wickerwork, teddy fur and geometric patterns. Natural materials include seagrass, marble and untreated wood, for example. Viennese wickerwork" refers to...

Logistics real estate: analysis company expects record completion volume 

For 2021 and 2022, the analysis company Bulwiengesa expects a record completion volume for logistics properties of over five million square meters each. At 3.7 million square meters, completed logistics space recently fell short of the previous year's figure of 4.9 million square meters due to delayed construction starts caused by the coronavirus pandemic. Nevertheless, the...

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