Estate Living Magazine Invest SA - Issue 41 May 2019 | Page 55

l i v e
Eden West
Eden West
• Attention has been given to every detail
within Eden West’s 20 spacious single-
bedroom apartments, as well as its
single fifth-floor penthouse.
• In the middle of the city, everything one
could want is within walking distance of
Eden West.
• Only five minutes away is the Ku’Damm
Boulevard, Berlin’s most luxurious
shopping destination.
• Surrounded by historic, ornate buildings
and population squares, this illustrious
corner of Charlottenburg has long been
revered by the city’s elite for its prestige
and serenity.
• Renowned theatres and art galleries
offer cultural variety, while the nearby
Tiergarten and Charlottenburg Palace
grounds afford refreshing expanses of
green space.
Why invest here?
• Construction activity in Berlin has
been slow to respond to the city’s
increasing population. With 40,000 to
60,000 residents moving in per year,
the Berlin City Development Office
estimates 194,000 new apartments will
be required by 2030.
• Berlin has a faster-growing office
workforce than London or Paris, with
4.4% year-on-year growth.
• House prices increased by 11.4% in
2017.
• Rental returns increased by 10.7% in
2017.
Einbecker 47
Facilities and features
• 40-unit new-build residence in East
Berlin
• studio and one-bedroom units available
Why invest here?
• An ideal location offering easy access
to key education, employment and
transportation hubs, the Lichtenberg
neighbourhood is attracting students
and young professionals in significant
numbers.
• The area is a growing tech hub focused
on creating a new centre for innovative
companies and start-ups, and is already
home to the offices of Universal Music,
Coca-Cola and Zalando.
• Four educational institutions based
in (and around) Lichtenberg create
consistent housing demand for student-
ocused accommodation like micro-
apartments.
info.ipglobal-ltd.com
Einbecker 47 is a modern residence
in the growing Berlin neighbourhood of
Lichtenberg. Positioned close to a number
of educational institutions and one of the
city’s largest technology hubs, Einbecker
47 sits in the centre of one of Berlin’s most
exciting areas.
Investment details
• A booming economy and continued
population growth remain the primary
demand drivers of the Berlin housing
market. Between 2006 and 2016 Berlin’s
population grew by over 320,000 and it
is forecast to rise by another 200,000 by
2030.
• Berlin’s construction activity has
been slow to react to the city’s sharp
population growth. This has led to the
housing market being structurally under-
supplied, with only 15,670 apartments
completed in 2017, and an increasing
backlog of at least 84,000 units.
• The profoundly low levels of supply
and increasingly high levels of demand
have put pressure on Berlin’s sales and
rental markets, both of which have seen
consistent growth in recent years.
F
EINBECKER 47
• communal garden
• six-minute walk to Lichtenberg U-Bahn
/ S-Bahn station
• four educational institutions reachable
in under 15 minutes from the site.
Einbecker 47
s m a r t