Further increase in demand drives up rents and prices in peripheral locations
- Asking rents for apartments increase in 2014 by 6.6 per cent to € 8.55 per square metre
- Demand pressure shifts from established prime locations to inner-city peripheries and the peripheral residential areas
- No price bubble anticipated, but inflated prices in individual locations evident
- Lively financing market with controllable risks for banks - New build volume increasing, but insufficient to satisfy demand.
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