The costs of buildings in Berlin are constantly increasing. Hochbau Falkowski offers investors as property developers in Berlin the opportunity to realise construction projects with a joint venture in cooperation with Basel Real Estate. All parties involved benefit from this cooperation
According to the Berlin-Brandenburg Office of Statistics, the construction price indices for residential and office buildings rose in 2018 by almost seven percent compared to the previous year. This is a record high. No ease is in sight for 2019 either. The increasing construction costs are a significant burden for building owners and developers. Increased land prices in the capital also increase the pressure. We want to face this challenge with strong partners – with Joint Venture Real Estate.
Cutting costs, increasing planning security
As a property developer, Hochbau Falkowski has already implemented numerous larger projects throughout the city. With Basel Real Estate, market assessment and sales planning happen in the early planning phase. As an experienced construction and general contractor, we keep a very close eye on current developments in the sector. Investors working with us in project-related or operational partnerships can benefit from this know-how. It makes it easier to acquire building land and, thanks to our excellent project management, to push ahead quickly with the implementation.
Project development real estate more exciting than ever
There is hardly any other city where the urban housing shortage is so noticeable as in Berlin. For both tenants and investors, the capital has unique challenges. At the same time, because of the increasing quality of life, the comparatively low costs of living and the typical Berlin flair, the trendy metropolis attracts newcomers. Therefore the capital has a fascinating mix of different social classes, cultures and lifestyles.
This versatility is also reflected in the architecture: from social housing to luxury apartment complexes, from classic student residences to innovative energy-saving houses, project developers in Berlin are involved in a large variety of construction projects. As Berlin property developers, we know the city well – we also help new investors navigating on the Berlin housing and real estate market.
In order to meet the steadily increasing demand for new living space, Berlin is dependent on committed property developers. It is essential to develop new areas for the housing market. Areas previously used for other purposes must be released for new construction work in order to reduce the pressure on tenants. Meanwhile, project developers in Berlin are not only focusing on trendy districts such as Mitte, Prenzlauer Berg and Friedrichshain, but also on residential buildings at the city limits. Also here the market for suitable building areas is very competitive. In this environment, investors benefit from reliable and experienced partners such as Hochbau Falkowski.
We offer extensive technical knowledge as well as the necessary expertise in project development and real estate.
Taken together, these factors provide early security for the entire project in terms of costs and planning. Last but not least, Hochbau Falkowski also participates in interesting projects as an investor.
In joint ventures, the entrepreneurial risk of large construction projects is distributed over several shoulders. The partners also benefit from the specific market knowledge of a company. By combining our strengths with those of our partner companies, we create synergy effects.
This results in sustainable competitive advantages for all participants.