RLI at the 5th BERLIN REAL ESTATE CONGRESS
Nela Hermann from our acquisition team in the Berlin office used the opportunity on site and visited the BERLIN REAL ESTATE CONGRESS to get a “complete overview of the Berlin real estate market and current industry issues”, as announced by the organizer W&R IMMOCOM.
In the first panel she attended, titled “Immobilienfokus BER”, BER was presented as a driving force and growth engine for the Schönefeld region and the economic environment. The aim is to create a very urban airport region with hotels, offices, restaurants, good connections to public transport, etc., from which the community of Schönefeld should benefit greatly.
Among the podium guests was amongst others Christian Hentschel, Mayor of the community of Schönefeld. He emphasized how important the airport urbanity was for the location, so that companies would settle there on the approx. 28 hectare designated building area.
Then it went on with the panel “Economic, ecological and social: where is the path going?”, from which it clearly emerged that ESG – i.e. compliance with ESG criteria – will become increasingly important for all asset classes in the future. On the topic of “Demolition and the gray footprint”, the podium guests emphasized that not only existing properties, but also new building developments pollute the environment – a fact the real estate industry might not be aware of but should be given more attention to.
Last but not least, she attended the panel discussion on “Retail & Logistics – How structural change in retail is stimulating the logistics market”. After the keynote speech “Retail meets Logistics 2030”, representatives from Immobilien Scout, Corporate Real Estate Zalando SE and Kaufland passed the ball to each other and discussed, among other things. about flexible future concepts, market data and trends in the Berlin region.
When asked what would happen if everyone ordered more and more online, the podium agreed: “When department stores like Galeria Kaufhof have to close and online retailers are more in demand, mixed-use, i.e. retail, trade and logistics under one roof , may be a perfectly conceivable concept for the future. ”They named the Prime Now concept as best practice, since delivery and traffic concepts are available accordingly. Large properties are very rare in Berlin and building permits are very sluggish, which is why small areas (<3,000 s qm) or mixed-use concepts in particular work better than traditional logistics.
“The program of the day’s event was very varied and well attended. The logistics were not in the foreground and the discussion rounds were heavily geared towards the residential, office and hotel asset classes, but I found it interesting to find out how other commercial property classes are currently developing”, summarized Nela Hermann after the event. “And in the end there were still a few interesting insights into the Berlin logistics market.”