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about berlin

Berlin, the fall & rise

The end of World War II signalled the great divide for Berliners, their city was dived into two parts, the East and the West. The cold war had begun.

Geographically Berlin lies only 80 km from the polish border and thus West Berlin became isolated from the rest of Germany, this of course did not make it an ideal place to invest in property. In the East all property was State owned, you could say they had cornered the market.

In 1989 the wall came down and Berlin was reborn as a city. Many investors moved into the property market in the West and prices surged. It became clear very quickly that the undertaking by West Germany to rebuild the former East was going to be a long and extremely expensive task. As a result of this undertaking in the early 90,s Germany as a whole slipped into recession. Over a decade later the wounds are healing and Germany is now showing strong signs of recovery. Despite over a decade of recession Germany still maintained its position as the strongest European economy and the third largest in the world.

Predictably during the mid 90's the real estate market in Berlin collapsed and property prices dropped by up to 50%. During these difficult years the German government fulfilled its undertaking and funded the massive task of rebuilding of the former East, consequently East Berlin can now boast one of the best infrastructures of all European cities. With Berlin standing once again proud the German government decided to make it their new Capital.

As the new Capital of Germany, Berlin plays host to all too all the major embassies and has become the gateway to New Europe for business and investment.