Skjerven Group GmbH

Our CEO Einar Skjerven was featured on last night's episode of RBB Abendschau speaking on the positive sides of the Mietendeckel. For the full segment see the below link https://lnkd.in/giiRt7V #Mietendeckel #germanproperty #realestate #berlin #abendschau www.skjerven.com/

Opinion: "While the German population will not be surging, the country is undergoing a long-term structural shift from which Berlin will derive sustainable benefits" Berlin's housing market is a safe haven for investors – but choose carefully | Einar Skjerven https://lnkd.in/gRDYiUTi

🎉 Kicking Off the Week with Meet Berlin – A Celebration of the City’s Spirit 🎨📚 The week began with an exceptional event: Meet Berlin - Schön, schräg, schonungslos - Berliner Schlaglichter, where Thomas Kausch engaged in a fascinating Club-Talk with Prof. Dr. Ulrich Seibert. As a new part of Meet the Press, Meet Berlin is connecting the city's dynamic figures—thinkers, creators, and innovators who make Berlin so intriguing. ✨ Prof. Dr. Seibert embodies this spirit, blending roles as an art collector, philosopher, professor, and investor. His book series, Berliner Schlaglichter, covers the full range of Berlin life—from politics and finance to techno, clubs, and art. It’s a mix of sharp insights, lively anecdotes, and cultural reflections, capturing the essence of the city in all its diversity. 🏙️🎶🖼️ The evening was filled with engaging conversations, laughter, and impressive art. A heartfelt thank you to Thomas Kausch for hosting such a memorable event. 🙏 Don’t miss the chance to read Berliner Schlaglichter—a must for anyone who wants to experience the full spectrum of Berlin. 📖✨ Skjerven Group #skjervengroup #meetberlin #art #berlin

ESG IN REAL ESTATE: OPPORTUNITIES FOR HIGHER RETURNS 📈🏡 The implementation of Environmental, Social, and Governance (ESG) standards in Germany's real estate sector is rapidly becoming a key value driver. With growing pressure from both regulatory frameworks and market demand, ESG compliance has evolved from a mere regulatory requirement into a strategic tool for generating higher returns and mitigating risk. #skjervengroup #newsletter #germanrealestate #economy #finance #investment #higherreturns #esg

With Skjerven Group GmbH at EXPO REAL (Messe München) 2024 ↗️ We’re proud to be at the Expo Real 2024, the largest real estate fair in Germany! Despite fewer participants this year, Skjerven Group is using this platform to continue to bring our business forward. With strong representation from countries, cities and banks, we’re finding plenty of opportunities to keep growing and building valuable partnerships. Excited for everything to come! #ExpoReal #BusinessGrowth #RealEstate #Networking #skjervengroup

ECB RATE CUT AND ITS EFFECTS ON THE REAL ESTATE MARKET 📈🏡 In September 2024, the European Central Bank (ECB) took a decisive step by lowering key interest rates. It reduced the deposit facility rate to 3.50%, the main refinancing rate to 3.65%, and the marginal lending facility to 3.90%. These cuts, effective from September 18, 2024, are aimed at alleviating economic pressures following a prolonged period of inflation control. The move reflects the ECB's effort to stimulate economic growth after an extended phase of monetary tightening, which had focused on curbing inflation. This rate cut is expected to significantly reduce financing costs for property owners, allowing them to refinance existing loans and lower their debt servicing expenses. Investors will also benefit from improved cash flow due to lower financing costs. Additionally, the rate cut could enhance yields, likely attracting greater investor interest, which may, in turn, put upward pressure on property prices. Historically resilient sectors, such as residential and commercial real estate, may experience increased demand as borrowing costs decrease, potentially driving property values higher. #skjervengroup #newsletter #germanrealestate #economy #finance #investment #ecbrate

When a vision becomes reality 🏢 In 2006, we began our journey in Berlin. After six months of getting to know the city, we returned to Norway to raise €10 million in equity, allowing us to acquire prime residential properties in strategic locations. Today, our portfolio includes 43 buildings with 2,500 apartments—a testament to our long-term commitment, which began in Oslo and was cemented with the establishment of our Berlin office on Kurfürstendamm in 2012. Einar Skjerven #SkjervenGroup #BerlinRealEstate #InvestmentStrategy #LongTermValue #skjervengrouprealestate

MICRO-APARTMENTS ARE STILL RARE IN GERMANY 📈🏡 The percentage of micro-apartments on the regional housing markets has increased slightly in most German metropolises from 2021 to 2022. This was reported by Catella, citing the latest figures from the federal and state statistical offices. Across Germany, the proportion of micro-apartments rose from 3.2% to 3.6%. Growth was particularly strong in Berlin, where the proportion rose from 3.9% to 5.3%, in Cologne from 7.5% to 8.4%, and in Frankfurt from 7.2% to 8.1%. Düsseldorf, on the other hand, recorded a fall of 0.9%, bringing the proportion of micro-apartments there to 6.6%. The decline in Hamburg was drastic: the proportion fell from 6.1% to 3.3%. The vacancy rate showed little change in most cities during the same period. Across Germany, it rose from 4.4% to 4.5%. In Berlin, however, it fell from 3.5% to 2%.

APARTMENTS ARE BECOMING A SCARCE COMMODITY IN GERMANY 📈🏡 Good news for anyone who already owns property in Germany: The Munich-based Ifo Institute expects an unstoppable downturn in residential construction in Germany over the next few years. The lack of supply will lead to higher rents and prices. According to the study, the number of newly built apartments could fall to just 175,000 in 2026. This represents a drop of more than 40% compared to the completions of around 300,000 flats in 2022 and 2023, with the figure expected to fall below 200,000 by 2026, according to the Ifo Institute. One decisive factor is the excessively high construction costs in Germany. According to Ifo, the outlook for the rest of Europe remains uncertain. The European construction sector is expected to contract overall. Construction volume is likely to fall by 4% in 2023 and 2024. The residential sector, once again, is expected to be hit harder than average: Investment in new residential buildings is projected to fall by 18.2% over the period, while civil engineering is expected to grow by 6.1%. Euroconstruct forecasts moderate growth from 2026 onward, including in residential construction. #skjervengroup #newsletter #germanrealestate #economy #finance #investment #buyersmarket

HOUSE PRICES PAID ARE ON THE RISE 📈🏡 The GREIX (German Real Estate Index), based on data from 20 expert committees, confirms an upward trend in residential property. In the second quarter of 2024, all residential segments saw an increase across the board for the first time in two years. According to the GREIX, prices for multi-family homes increased by 4.4% compared to Q1 2024. However, the low number of transactions slightly limits the significance of these values. Condominium prices rose by an average of 2.4%. Among the top 7 cities, prices for owner-occupied apartments increased most significantly in Hamburg (+4.3%) and Frankfurt (+3.7%). Düsseldorf’s growth (+2.2%) was just below the national average, Stuttgart saw a slight increase (+0.6%), and Cologne recorded a minimal decline (-0.6%). Despite these differences, the overall trend points upward across the other cities analyzed. The GREIX index, which tracks purchase prices in 20 major cities, is compiled by economists from the Universities of Bonn and Cologne and the Kiel Institute for the World Economy (IfW). #skjervengroup #newsletter #germanrealestate #economy #finance #investment #buyersmarket