The Deutsche Wohnen “is not the worst company, but it is the biggest among the worst,” says the spokesman for the expropriation of initiative, Rouzbeh Taheri. Therefore, the people decorates desire “Deutsche Wohnen & Co expropriate” with the name of the housing company, which is primarily due to purchases of country homes to the biggest of Berlin’s property owners, with around 111,000 homes in Berlin are much larger than the largest urban Degewo (73.000 apartments).
Deutsche Wohnen leads the list to tohis expropriating of the housing companies. Nine more are listed in the cost estimate of the Senate, because they are about the Initiative-called threshold of 3000 apartments. The Fund settlement of the Protestant state Church, with their inventory of 6000 flats.
The apartment company will be advertised by the Church as a charity, it is committed to the homeless and socially disadvantaged tenants. “It is completely incomprehensible that a social housing companies is on the list of an expropriation, the initiative, and that this is supported by the Berlin Senate politically,” says Bishop Markus Dröge. Taheri is clear: “The Fund settlement belongs, in our opinion, on the list.” You don’t work for not-for-profit, fulfilling, therefore, the second criterion in addition to the number of apartments.
Instead, Taheri would put the “Pears Group” on the list, “a very nested society” from the United Kingdom, which has 6200 apartments in Germany, especially in Berlin. Clear strategy of Pears and other stakeholders, to raise the potential of the Berlin market. Many investors believe that the capital with Rents and purchase prices in the longer term catch up at least to Paris and London.
Vonovia, ADO Properties, Akelius and GCP
The number two Vonovia with 44,000 dwellings under the tenants has a similar reputation. The Bundestag group of the Left and left the business model of the company from the Economist, Heinz-J. Bontrup review. The came to the conclusion that it is not really a housing company, but a “financial investor with connected real estate industry”.
Vonovia acted by 2015, Deutsche Annington, even then there were frequent complaints about poor maintenance and slow repairs. Deutsche Annington was created in 2001 through the purchase of 65,000 apartments of the Deutsche Bahn. Through a number of acquisitions, especially by the IPO, is funded Vonovia meanwhile, with about 350,000 homes, the largest German real estate group.
The next candidate on the list, ADO Properties, also has to contend with negative headlines due to broken heaters and high Rent. In addition, the company has in case of acquisitions, the real estate transfer tax savings. Covivio was only created recently by the merger of the French group’s parent company, Foncière des Régions and the German Immeo. The Immeo was created as a spin-off of the steel group ThyssenKrupp sold its plant in the flats in 2004, the US Bank Morgan Stanley and Corpus real estate group. Around 40,000 homes belong to the German stock of Covivio with headquarters in Stuttgart, Germany.
companies advertise with a high level of tenant satisfaction
The Swedish Akelius, in Berlin, with a total of 13,700 dwellings represent, in activists circles as a “Slumlord”. Tenant reports of delayed repair, wrong in addition to expense reports and frequent upgrades. “Speculators such as Akelius set to any price of Profit”, – stated in the tenant initiative Bizim neighborhood. Akelius, of course, different. “We are a long-term apartment company,” the company said on request. “We only carry out careful modernisation. We renovate any tenant.“
less than 10,000 apartments in the company Grand City Properties, BGP, group and TAG properties in Berlin, all of which are investment companies which have more yields. DAY real estate will increase this year due to unexpectedly high profits its dividend. The reason for the profit jump: “Rising Rents, less vacancy, and lower costs.”
Grand City Properties (GCP) sees itself as a fair player in the housing market, there is a “strong focus on the tenants,” it said on request. “This leads to a high level of tenant satisfaction, which is regularly checked by us. In the context of the long-term strategy, GCP focuses on the neighborhood, organized annually up to 200 local seasonal tenant events and supports many associations and initiatives in and around our properties.“
More about
German-Live-in-chief “Defame or Expropriate any single tenant”
Johannes C. Bockenheimer
helps The companies with the smallest apartment, the Deutsche asset and real estate Verwaltungs GmbH was 2015 in the headlines, as in the wedding colony road for former social housing and the rent was doubled. The Protest culminated in a Reform of Social housing and the capping of the so-called cost rent.