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  For English translations of German Property terms and abbreveations please refer to our Glossary.


Frequently Asked Questions

Click on the Question to find the answer:

 

Q: How much is the cost besides the purchase price to buy a property in Berlin?

 

Q: How much does Property Management in Berlin cost?

 


 

Berlin: Upswing in the Housing Market
GSW and JonesLangLasalle

After years of stagnation, Berlin’s housing market is prospering again. Rents and purchase prices are rising in a growing number of locations, and only a minority of districts are still suffering from declining rents and prices. That’s the result of the second Berlin property market analysis put together by Berlin’s leading private housing company, GSW, along with consultants Jones Lang LaSalle. ... more

 

 

 

Projects

A selection of relevant projects, for background information please view About us:

Project:

Execution of Purchase contracts and Contracting of Property Management

Client:

Lindehave GmbH

Task:

Execution of complicated purchase contract situation and instruction of lawyers. Procurement and implementation of property management

Results:

 

Enforcing the client's right through litigation support and facts documentation. Reclaiming 8% of a purchase price of € 5 million.

Project:

Re-Contracting Property Management, ca. 35 properties

Client:

Ordrupdal Immobilien GmbH

Task:

Needs assessment, contracting concept, limited tender, procurement and implementation of property management

Results:

 

Flexible contractual concept based on detailed quality standards (Service Level Agreements and Key Performance Indicators) with a performance based payment mechanism to best serve the client's needs.

Project:

Property Research and Pre-Viewing

Client:

Various Private Investors from UK, Ireland, Norway and other countries

Task:

Research Property Market in Germany, specifically Berlin and Leipzig according to agreed profiles.

Results:

 

Identification of Opportunities matching the profile to avoid useless travelling and viewing and ensure speedy response to good opportunities.

Project:

Contract Due Diligence

Client:

Ordrupdal Immobilien GmbH, Various Private Investors from UK, Ireland, Norway and other countries

Task:

Review of rental contracts, rental history and management accounts.

Results:

 

Security about the performance of the property after purchase. Avoidance of wrong purchases

 

Projects Falkenberg Solutions

Project:

Portfolio Management, ca. 73,000 sqm

Client:

Morey Holding GmbH & Co. KG (International Investors)

Task:

Management und development of a portfolios of 8 post office buildings in Berlin and one in Frankfurt/Oder.

Results:

 

Fast overview of operational situation and first rental opportunities for vacant space within 2 weeks. Identification of development opportunities.

Project:

Outsourcing Property Management, ca. 900 properties

Client:

Liegenschaftsfonds Berlin

Task:

Needs assessment, outsourcing concept, Europe wide public tender, procurement and implementation of property management.

Results:

 

Flexible contractual concept based on detailed quality standards (Service Level Agreements and Key Performance Indicators) with a scalable payment mechanism to best serve the client's needs.

Project:

Portfolio Analysis, > 2,000 properties

Client:

Liegenschaftsfonds Berlin

Task:

Consultancy on specifications for tender documents and contract. Support for tender return analysis.

Results:

Qualified tender documents, allowing specific and clear analysis of the returns, minimizing risks for tender disputes.

Projects EC Harris GmbH

Project:

 

Mixed use property "Castello" in Berlin. Object including 192 subsidised apartments, 5.500 m² Shopping Mall, 1.100 m² offices and medical practices and 160 spaces parking garage.

Client:

Universale International, Wien

Task:

FM planning consultancy. FM concept, tender and procurement. Implementation and management of FM service provider.

Property Management

Results:

Optimised operation through FM consultancy and procurement strategy.

Project:

Force Campus, Facilities Management Consultancy

Client:

Force Computers Neubiberg / Freemont, California

Task:

 

Needs assessment, concept, tender, procurement and implementation of an FM concept fort he new R&D and production site.

Results:

Fast track procurement from concept to implementation of the 'Intelligent Client' concept within 6 months. No increase in cost despite 20% bigger facility.

Project:

European Facilities Management

Client:

Royal Bank of Scotland, Bristol

Task:

 

Definition and implementation of a consistently high Facilities Management service standard in all (continental) European offices. Ongoing monitoring of service quality. Supervision of the German office and co-ordination of the reporting for all sites: Paris, Madrid, Milan, Rom und Piräus.

Results:

Consistent standard at all offices. Up to date information about the state of the properties including possible risks as basis for decisions to be taken by the central management. Fast implementations of directives on group property policies.

Project:

European Asset Management

Client:

Cable & Wireless plc, London

Task:

Assessment of the Portfolio, preparation and support of negotiations with landlords about early return and delapidations of network (POP) sites and offices. In Germany 6 sites, Vienna, Zurich, Den Haag, Rotterdam, Brussels, Madrid, Milan, Copenhagen, Gothenburg and Oslo.

Results:

Fast and flexible collation and processing of information as basis for critical business decisions.

Project:

Office Campus Gasometer, Vienna.

Client:

Europa Project Partners, Europa Property Partners.

Task:

Client's representative in the local project team, cost management and reporting.

Results:

Client's agenda was enforced and implemented, keeping cost within the budget and delivering on time.

Project:

Project management und cost management, various projects.

Client:

e.g. Britische Embassy Berlin, Interoute Frankfurt; Honeywell Hamburg

Task:

Assessment of needs and requirements, cost estimate, tender and procurement, quality control, inspection and accounts, change management.

Results:

Implementation according to time constraints and needs of the projects meeting international standards.

Project:

DRK Portfolio Berlin (Red Cross)

Client:

Lend Lease, London

Task:

Preliminary investigation of property portfolio of 18 properties in Berlin for technical and commercial risks..

Results:

Quick and precise response meeting international standards as basis for client board decisions.

Projects
(e.g.)

Technical Due Diligence various property portfolios:

Karstadt logistic center Unna; logistik-properties in Wittlich, Frankfurt, Dortmund; MTV-building, Berlin; porperty of government buildings State of Hesse

Clients
(e.g.):

Heitmann (London), Ivanhoe Cambridge (Toronto), Canada Life (London), many investors can not be disclosed due to confidentiality.

Task:

Investigation of existing properties of developments with regard to plausibility and risks concerning the construction and operational phase.

Results:

Avoidance of unknown risks, quick and precise response meeting international standards as basis for client board decisions.

Projects Plus.Punkt Verwaltungsgesellschaft GmbH

Project:

Weber Park, Potsdam-Babelsberg. Object with 178 apartments and condominiums, 8000 m² office and 7000 m² retail.

Client:

Mixed, mainly Bavaria Objekt- und Baubetreuungs- GmbH (Nürnberg)

Task:

FM planning consultancy. FM concept, tender and procurement. Implementation and management of FM service provider.

Property Management

Results:

Optimised contractual concept for sales contracts. Optimised operation through FM consultancy and procurement strategy.

Project:

Immobilienportfolio Salvete GmbH

Client:

Salvete GmbH, a legal entity of Barclays Bank, London

Task:

Property management, preparation and implementation of sales concepts.

Results

 

Improved communication through international experience. Faster implementation of concepts through integration of the property management.


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Last Update: 26.01.08