openPR Logo
Press release

Number of Planning Permissions in Decline

04-30-2018 11:18 AM CET | Industry, Real Estate & Construction

Press release from: Accentro GmbH

With the new German government barely in office, it has already become quite obvious what one of the most pressing issues will be during the parliamentary term now under way. On 14 March, Angela Merkel took her oath of office as German Chancellor, and the very next day, the Federal Statistical Office published the number of planning permissions approved in 2017. According to the stats, the number of approvals in the Federal Republic dropped by 7.3 percent or 27,260 flats. Given the existing housing shortage, it is an alarming trend.

The year-on-year decline in the number of new-build flats in 2017 was noted across building types. It affected detached and semi-detached homes as much as multi-family dwellings and halls of residence. The slowdown in building activity was particularly conspicuous in the infill densification segment. Construction measures in available buildings were approved for only 42,137 new flats — implying a one-year drop by 19.5 percent. Equally alarming is the fact that the total number of flats approved (348,128) falls short even of the annual completions rate of 350,000 flats that the Federal Government considers necessary. Since the number of flats actually completed invariably lags behind the number of permits issued, the gap is actually larger yet.

On its very first day in office, the Grand Coalition must therefore have realised that its work as government should focus not least on housing construction from the start. Christian Democrats and Social Democrats did specify in their coalition agreement that they would ensure the development of 1.5 million new flats between now and the end of 2021, and that they intended to launch a housing construction campaign. In his first ministerial statement, the new Federal Minister of the Interior, Horst Seehofer, who is also responsible for construction, moreover announced his intention to make housing construction one of his priorities.

Number of Planning Permits Drops even in Berlin

Even in Berlin, one of Germany's most strained housing markets, the number of approved flats has declined. The total of 24,743 flats approved in 2017 implies a decline by 1.2 percent year on year. In Berlin, the decrease in the number of permits is due specifically to the steep drop in infill densification activities. The number of construction measures approved for existing buildings went down by 19.4 percent in 2017. The things is that metropolises like Berlin need infill densification more than most other cities as a good way to get on top of the housing shortage. However, with its tightened regulations, the Senate actually hampered infill densification programs in some ways. It is not least because of this that the housing policy has become subject to controversy within Berlin’s state government of Social Democrats, Left Party and Greens. Berlin’s Governing Mayor, the Social Democrat Michael Müller, has shown his displeasure over the work done by the Senator for Urban Development, Katrin Lompscher of the Left Party, and intends to collaborate with the housing industry more than the Senator has done so far.

For further information go to:

ACCENTRO GmbH is a real estate service provider that specialises in the retailing of large housing portfolios. Our fortes include:

- the socially responsible, tenant-sensitive selling of large housing portfolios,
- the exit-oriented asset management of housing portfolios,
- and investment consultancy in either area.

ACCENTRO looks back on more than fourteen years of experience in the privatisation business, and act as sales partners of major housing associations.

Uhlandstraße 165
10719 Berlin

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Number of Planning Permissions in Decline here

News-ID: 1034359 • Views:

More Releases from Accentro GmbH

Living in a Condominium is Far more Affordable than Renting a Flat
Owning your home outright remains considerable more attractive than renting it, as a new survey just reaffirmed. For one thing, tenants bear a greater cost burden. On the other hand, homeownership helps to build up capital, and is therefore an important mainstay of your retirement scheme. Especially for young households, buying property is a great way to start building capital because they can stretch their payments over a longer period
Economic Research Institute Suggests Cities Sell off Their Housing Stock
At a time when municipal housing companies in many of Germany’s major cities, including Berlin, are prompted by city hall to beef up their property stock, the IW Economic Institute, Cologne, has joined the debate on the issue of public housing with an idea that implies the exact opposite. In a recent survey, the IW’s real estate expert, Prof. Michael Voigtländer, suggests that German municipalities are well advised to divest
Greater Berlin Still Has Land Reserves for 218,000 Flats
The housing development potential hidden in land reserves in Berlin proper and the greater Berlin area would suffice to create up to 218,000 new flats. The total volume breaks down into 153,000 flats in the German capital and 65,000 in the suburbs. This is the upshot of the latest housing market report for Berlin and its greater area (“Berlin und Umland”) that the IBB Investment Bank Berlin presented on 08
Berlins housing prices are steadily increasing
Rents as well as purchasing prices increased heavily on the Berlin housing market in 2017. That’s the conclusion of the Housing report Berlin 2018 developed by CBRE and the Berlin Hyp. Therefore median asking rents in 2017 increased by 8.8 percent to 9.79 Euro per square meter and asking prices for condos by even 12.7 percent to 3.706 per square meter. So the price dynamic of the German capital grew

All 5 Releases

More Releases for Berlin

Architectural Guide Berlin
With additional contributions by Philipp Meuser and Martin Pueschel In no other place in Europe have changing ideologies and differing urban planning models left such a far-reaching mark as in Berlin. The German capital enables the reader to make a literal journey through history. In the shape of four excursions, the Architectural Guide Berlin presents prominent architectural highlights from Kurfürstendamm in the West to the prefab housing estates of the East. The
Premises Berlin
Third inCOMMERCE conference on November 27 at the Bertelsmann Commerce Without Boundaries • Renowned speakers provide insights into their companies’ digitization projects and explore current developments on the international markets • Presentations and case studies from Vorwerk, E-Plus and Tesco (arvato Systems, hybris) Gütersloh and Munich – International e-commerce and best practices in the e-commerce sector are the focal themes of this year’s inCOMMERCE conference on November 27, 2014 in Berlin. For the
Berlin Wall Artist Kiddy Citny at BLAUE STUNDE Galerie in Berlin
Berlin, Oktober 2014. November 9, 2014 marks the 25th anniversary of the Fall of the Berlin Wall. Numerous events and exhibitions commemorate the historic events and the Peaceful Revolution of 1989. BLAUE STUNDE Galerie is pleased to present older and more recent works by Berlin wall artist Kiddy Citny. His wall motives travelled around the world on postcards and tourist photos and rose to such strong symbols of freedom and peace, that
citystay hostel Berlin gets ready for the 40th Berlin Marathon
As every year, the Marathon is fully booked and we at citystay hostel, just next to start and finalline are getting ready for the runners, staying with us. If you are not running the marathon, but like to get the feeling for the international crowd doing the run, just visit us for a beer, coffee or stay during the marathon with us. Some beds are still available. We are happy
Berlin Medical Technology Companies: State Secretary Nicolas Zimmer visits Berli …
Berlin, 11. October 2012: The State Secretary of the Senate Department for Economics, Technology and Research, Nicolas Zimmer, visited Berlin Heart GmbH in Steglitz last month in order to get acquainted on location with the product line-up, range of application and operating mode of mid-sized Berlin companies. In conversation with the management of Berlin Heart, the present possibilities for therapy of cardiac insufficiency with the ventricular assist device were presented. In
Berlin Fashion Calendar - The new overview of the Berlin fashion scene
Just in time for Fashion Week Berlin is the Berlin Fashion Calendar ( online. In Berlin Fashion Calendar everybody who is interested in Berlin’s fashion scene can find year round Berlin’s major fashion events like the Mercedes-Benz Fashion Week Berlin, the Premium fair or Bread & Butter as well as the events that make up the diversity of the fashion metropolis of Berlin. These are for example fairs and showrooms