We start with news that marks the beginning of long-awaited changes in Germany:
The new governing coalition of the CDU and SPD has officially started its work, and Germany is bidding farewell to the “debt brake” in favor of an ambitious investment package worth probably €600 billion. This is a significant step for the country’s economy – addressing crucial investments in defense, infrastructure, and the transformation of the economy and public administration that have been delayed for
too long.

While the full impact on the finance and real estate sectors remains to be seen, this package sends a strong signal for the future. As always, we remain well-prepared to navigate the ongoing global uncertainty and to ensure the continued success of all our projects.

Despite the global challenges we are all facing, there are encouraging signs that are likely to positively influence business: Berlin’s economy, particularly its digital sector (with strong growth in Fintech, Green Tech, Health Tech, and Gaming), is outperforming the national average. The economists at Investitionsbank Berlin (IBB) are predicting 1.5% GDP growth for 2025. This, in turn, is driving demand in the real estate market.

Last but not least, all our projects are progressing steadily. We are especially making a significant contribution to the urban development in the upcoming areas of Berlin Neukölln and Treptow-Köpenick through three of our projects: Funkytown, Wilhelmine, and DOXS NKLN.

Wishing you all the best of health and success. May your Passover and Easter be filled with joy, and may the Spring bring new beginnings, peace and happiness.

Heskel | Phytos | Dan