Last Update: 11.10.2019

Investors Guide Berlin Treptow 2019

Just woods, the Spree and the Wall Trail? Not at all. Treptow's development into one of Berlin's most important research and industrial locations has unleashed a force of gravity that is far from saturated. New construction projects and the activation of former industrial wastelands will continue to shape the image of Treptow-Köpenick in the coming years. The district is already Berlin's synonym for a modern, international and sustainable top location.

Berlin-Treptow

Science at work

Treptow has many sides: trendy old building quarters close to Kreuzberg and Neukölln, quiet residential quarters in larger settlement structures, large parks, lots of water and many spacious family house locations. In the middle is Adlershof, Berlin's most famous and most developed "place of the future".  The business and science location Adlershof - WISTA for short - is Germany's largest science and technology park and Berlin's largest media location. Initiated in 1991, the location today houses approx. 1,072 companies and 6 institutes of the Humboldt University with approx. 18,000 employees and 6,700 students. The focus is on photonics/optics, photovoltaics, energy technology, biotechnology and the environment as well as microsystems and materials research. In the area of media and IT there are approx. 147 companies on site. Students live on campus. Over 1,600 rental and condominium apartments, townhouses and nearly 400 student apartments are currently being built in approx. 17 individual projects, including infrastructure and follow-on companies.

Existing buildings

Median Asking price
3,200 EUR/m²
+11.90 %
Median Asking rent
10.50 EUR/m²
+1.30 %

New buildings

Median Asking price
5,030 EUR/m²
+16.80 %
Median Asking rent
15.05 EUR/m²
+3.40 %

Markets

The core area of Alt-Treptow stretches deep into Neukölln and Kreuzberg, almost to the Görlitzer Park. Old neighbourhoods and trendy quarters around the Arena and the "Badeschiff" blend with settlement structures from the 1930s and 1960s. Along the River Spree and in the southern part of the district, high-quality new apartments built on old commercial sites and Wilhelminian-style villas prevail. Niederschöneweide is still in the structuring phase, but benefits from its proximity to Adlershof. In addition to protecting the location for industry and manufacturing, residential areas were also established, with large green areas within the block development. By the end of 2010, around 90 per cent of the housing stock in the redevelopment area in the centre of Adlershof had been comprehensively renovated and thus gradually upgraded. Johannistal and Altglienicke are in demand as quiet residential quarters with garden city character. In the immediate vicinity of the science and technology hub Adlershof and with good transport connections, both districts have very good development potential. Bohnsdorf benefits from its proximity to the airport.

Property prices Treptow

In Treptow in the past 12 months 720 apartments were offered at an average price of 3,200 EUR/m². After a price jump in the three-year period from 63.00 %, the price adjustment in the last 12 months was approx. 11.90 %.

New construction prices are currently in the range of 5,030 EUR/m² for 230 published offers in the last 12 months.

In Adlershof investors find the widest offer of existing flats with 170 apartments and an interesting entry price from 2,980 EUR/m². Niederschöneweide follows with 120 , Johannisthal with 130 and Plänterwald with 80 objects offered. Alt-Treptow is in front with square meter prices at approx. 3,340 EUR/m², followed by Plänterwald (3,720 EUR/m²) and Niederschöneweide (3,730 EUR/m²).

Price index Treptow

Period Existing buildings Median Offer price Index (base 10 years = 100) New buildings Median Offer price Index (base 10 years = 100)
Today 3,200 EUR/m² - 5,030 EUR/m² -
1 Year 2,860 EUR/m² 11.90 % 4,310 EUR/m² 16.80 %
3 Years 1,960 EUR/m² 63.00 % 3,600 EUR/m² 39.90 %
5 Years 1,690 EUR/m² 88.60 % 2,930 EUR/m² 71.40 %
10 Years 1,200 EUR/m² 167.40 % 1,860 EUR/m² 171.10 %

Snapshot

The Bubble Chart shows the supply situation over the past 12 months on the property market in Treptow. The colors mark the year of construction classes, the size of the bubbles the quantity of offers, the location in the grid price radius (square meters) and apartment sizes.

Price segments

Price evolution (existing apartments) in Treptow. The chart shows price increases and price segment shifts over the 10-year period.

Property prices Treptow annual cycle

The chart below shows the development of property prices in Treptow on a monthly basis.

Family houses

Treptow has sought-after family house locations with a busy market. Within the last 12 months 330 houses were offered at an average price of 3,560 EUR/m². The price increase was approx. 22.50 %

Rent prices Treptow

In the 12 month period in Treptow 2,380 apartments were offered for re-rental, at an average rent of 10.50 EUR/m². The rents increased by 1.30 % in 12 months. In the new building segment 180 apartments were offered at an average rent of 15.05 EUR/m². This is approx. 3.40 % more than one year before.

Rent index Treptow

Period Existing buildings Median Offer price Index (base 10 years = 100) New buildings Median Offer price Index (base 10 years = 100)
Today 10.50 EUR/m² - 15.05 EUR/m² -
1 Year 10.40 EUR/m² 1.30 % 14.55 EUR/m² 3.40 %
3 Years 8.55 EUR/m² 23.20 % 11.00 EUR/m² 36.70 %
5 Years 7.50 EUR/m² 40.60 % 9.70 EUR/m² 55.30 %

Snapshot

The Bubble Chart shows the supply situation of the last 12 months for the property market in Treptow. The colors indicate the year of construction classes, the size of the bubbles the quantity of offers, the location in the coordinate system the price radius (square meters) and apartment sizes.

Rent segments

The chart shows the changes in the price structure of the district based on four price segments. How many apartments were offered in the different price segments? The line shows the development of the average offer price per square metre across all apartment types and price segments for existing apartments. 

Rent prices Treptow annual cycle

The chart below shows the development of rent prices in Treptow on a monthly basis.

Apartment buildings

The market for multi-family houses in Treptow is limited in terms of quantity and concentrates primarily on the districts of Alt-Treptow, Niederschöneweide and Alt-Glienecke. The neighbourhoods near the city centre in Treptow tend to have smaller apartment buildings that ideally fit into the portfolio.

Construction era Simple to medium locations Medium to good locations
1900 - 1949 1,200 - 2,200 EUR/m² 1,500 - 2,800 EUR/m²
1950 - 1978 1,200 - 2,000 EUR/m² 1,300 - 2,500 EUR/m²
1979 - 2000 1,600 - 2,400 EUR/m² 1,600 - 2,800 EUR/m²
since 2001 1,700 - 2,500 EUR/m² 1,700 - 2,900 EUR/m²
Source: IVD Immobilienpreisservice 2018/2019

Milieu protection

In the district of Treptow, as of January 2019, two conservation areas are in force.

Milieu protection area In force since Area in ha Extended Last update
Alt-Treptow 2016 29.8 - -
Niederschöneweide 2017 24.7 - -

Milieu protection map Treptow

Check in our milieu protection map Berlin whether your property is located in a protection area, an investigation area or a suspected area. Our milieu protection map is continuously revised and updated on basis of the resolutions of the district assemblies (BVV). Please also visit our milieu protection area for further information.

General background

In the central inner city locations of Treptow not only the supply of apartments is scarce. Commercial areas also permit only little growth. The entire economic area of Adlershof, Niederschöneweide and Oberschöneweide offers exactly these areas. The HTW, Berlin's largest university for applied sciences, and the WISTA in Adlershof provide a creative environment for many companies, whether in photonics, 3D printing or fashion and design. The district self-confidently defends its industrial and commercial areas against housing projects, such as the site of the former concrete factory on Grünauer Strasse. Treptow has space potential for apartments in many areas, e.g. in Johannisthal in the vicinity of WISTA, in Niederschöneweide on the banks of the river Dahme or in high-priced riverside locations. Treptow has been developing into a university and polytechnic location since a decade. Diverse, very different fields of study attract a broad spectrum of young students. In addition to the Ernst Busch Academy of Dramatic Arts, which enjoys an international reputation, the Humboldt University has established six institutes in Treptow-Köpenick. The renowned university for economics and technology has approximately 14,000 students and offers 70 courses of study in the fields of technology, computer science, economics, law, culture and design. Even though the extension of the A100 is controversially discussed in Berlin, Treptow will be directly connected to the Treptower Park with the connection point, relieving smaller streets like the Dammweg, Baumschulenweg and Sonnenallee and bringing Adlershof closer to the city.

Migration

The population of Treptow has been growing continuously for years. The influxes are carried equally by international influxes and internal migrations. Especially Berliners from Neukölln, Tempelhof and Köpenick are coming to Treptow. 

  • All migrations
  • International
  • National
  • Suburban
  • Binnen
  • Hotspot

Trend

Treptow profits above all from new arrivals from Berlin. In 2017, the net effect will be around 2,800 people, more than half of whom will be moving from Berlin. The popularity as a residential location follows the increase in interesting jobs and study offers. This is also reflected in the strong construction activity. According to the Bureau of Statistics, the Treptow-Köpenick district took second place in 2018 in terms of building permits, while Berlin as a whole recorded a decline of 18.6%. The number of 454 building permits up to autumn 2018 with a good 2,000 apartments corresponds approximately to the volume of 2017. New letting rents have caught up to a medium Berlin level, with comparatively favourable entry purchase prices. 

This report was last updated on 11.10.2019 .

Disclaimer

The Guthmann Market Report is a semi-automated report about the property market in Berlin. All information has been carefully researched and is given to the best of our knowledge and belief. We assume no liability for completeness, deviations, changes and errors. Our report does not represent an investment recommendation.

Sources

Amt für Statistik Berlin-Brandenburg: Einwohnerregisterstatistik (Bewegungsdaten), Fortschreibung des Wohngebäude- und Wohnungsbestandes, Ergebnisse des Haushaltegenerierungsverfahren KOSIS-HHGen, Baufertigstellungen. IMV GmbH: Rohdaten Preise und Mieten. Senatsverwaltung für Stadtentwicklung und Wohnen: Umwandlungsdaten (2018), Geoportal Berlin (FIS-Broker). Immobilienverband Deutschland IVD (2018/2019): Immobilienpreisservice 2018/2019.

Methodology

Housing deficit (Treemap): The Statistics Office updates the household data based on the 2011 micro-census. Determination of household count and statistical household size via household generation procedures (KOSIS). We calculate the real household size / housing deficits via the ratio number of inhabitants to number of apartments.
Purchase prices and rents (charts and reports): Calculation of the median on the basis of raw data, own visualization.
Migrations: Aggregation and visualization based on transaction data.