Microanalysis real estate market Berlin
Housing report Friedrichshain

Friedrichshain is central, hip and creative. The district that neigbhors to Kreuzberg reaches from the south up to the banks oft he river Spree. Old depots at Spreeufer, concrete slab constructions (Plattenbau) in the western part or “Stalin buildings” at Karl-Marx-Allee are witnesses of Friedrichshain’s younger history. Friedrichshain was several times subject to comprehensive transformation processes. Many formerly very dense quarters were almost totally destroyed in WW2 so that a reconstruction was not possible. With the division of Berlin the district found itself in the Soviet sector and moved geographically close to the Eastern city center. In the early 1960s, when the rebuilding in East Berlin began, a paradigm shift transformed the structure of Friedrichshain. The formerly small and dense quarters were replaced by a gigantic stalinistic architecture along Karl-Marx-Allee. The fall of the Berlin Wall initiated another turnaround in politics and urban development. Today different identities and unique life stories shape the district’s character, with a mixture of prewar architecture, stalinistic and still a little bit of GDR-culture.

Friedrichshain: Influx and outflux

Lichtenberg, Prenzlauer Berg, Moabit and Kreuzberg are the districts with whom the people of Friedrichshain mostly interact. While a negative balance can be measured at Lichtenberg (more relocations to Lichtenberg than arrivals from Lichtenberg), more people from Kreuzberg, Prenzlauer Berg and Moabit move to Friedrichshain than vice versa. Click on the legend to show and hide values. Move the mouse over the bars to find out the number of migrations.

Property prices in Friedrichshain

After a short calming down in the previous year, the average offer price for condominiums in Friedrichshain rose by around 15 percent to about EUR 4,050/sqm in 2017. In the 10-year period, a rise in house prices in Friedrichshain by almost 150 percent can be measured. In 2017, the large number of attic apartments in the district was remarkable, resulting from many new construction projects and renovations of old buildings. The offering price of penthouse apartments tends to fall slightly, attic units continue to increase.

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Price segments and evolution in Friedrichshain

Infographics below: Evolution stage of the Charlottenburg housing market. Price segments and development of average square metre prices in the existing inventory.

Southwestern Europeans love Friedrichshain

The table below shows the movements between the member states of the European Union and Friedrichshain in 2016.
As a "still" member state of the European Union, the United Kingdom marks the head of the EU immigration to Friedrichshain in 2016, with the Italians and French completing the podium. At the same time and even though there is a positive balance at year-end 2016, in Friedrichshain we still have relatively high outward migration numbers among the top 4. Friedrichshain is an important hub for students and a young, international audience with a relatively small local bond.

Friedrichshain: Migration flows European Union

Source: Amt für Statistik Berlin-Brandenburg. Eigene Berechnung.
Country Influx Outflux Balance
United Kingdom 373 136 237
France 332 133 199
Italy 337 150 187
Romania 147 15 132
Poland 139 52 87
Netherlands 137 61 76
Austria 142 72 70
Ireland 78 17 61
Bulgaria 67 17 50
Croatia 48 4 44
Denmark and Faroe Islands 94 54 40
Greece 65 28 37
Spain 192 156 36
Latvia 31 4 27
Portugal 53 26 27
Czech Republic 36 11 25
Finland 42 18 24
Belgium 50 27 23
Sweden 70 50 20
Lithuania 15 6 9
Luxembourg 11 3 8
Slovenia 12 7 5
Estonia 8 5 3
Cyprus 8 5 3
Hungary 20 18 2
Malta 3 1 2
Slovakia 8 7 1

Interactive Friedrichshain Map: Age groups, green areas, duration of residence, election results

Learn more about the Berlin district of Friedrichshain. In our interactive map, click on the evaluation you are interested in. Where does my peer group live? How international is my neighbourhood? How green is Friedrichshain? If you click on Berlin 2016, you will get the information for the whole of Berlin.

The market for apartment buildings in Friedrichshain

Owners and sellers of apartment buildings in Friedrichshain can register a 429 percent value increase in 10 years. In 2017, the rise in prices for apartment buildings was comparatively low at 3% compared with previous years. The tight supply situation keeps prices at a very high level. We have registered 13 properties in portals and newspapers. Of those, 9 buildings had a living space of over 500 square metres. We exclude smaller units from our comparisons. Among these 9 apartment buildings, the average price per square metre was around EUR 3,700 (previous year: 3,600). The range was rather narrow with values between 2,800 and 4,300 compared to other districts. Compared with the previous year, the price rise for apartment buildings in Friedrichshain was three percent. The sales duration increases in parallel with the offer prices.

Year EUR/sqm Offerings p.a. +/- % previous year 10 years-index %
2006 700 79 0 0
2007 900 77 29 29
2008 1000 80 11 43
2009 900 111 -10 29
2010 1000 95 11 43
2011 1100 88 10 57
2012 1300 30 18 86
2013 1700 39 31 143
2014 1800 17 6 157
2015 2800 23 56 300
2016 3600 10 29 414
2017 3700 9 3 429

Friedrichshain Dashboard

76,7
%
Percentage of people between 18 and 65
27,9
%
Internationality (2016)
128.373
Population (2016)
38,2
sqm
Living space per capita
9,48
%
Unemployment levels (06/16)
+1.635
Balance of migration (2016)

Industry in Friedrichshain: the past vs. today

In 2001, the neighbor district Kreuzberg merged with Friedrichshain, which is why the district is also referred to as “Friedrichshain-Kreuzberg”.
Different characters of residential areas can be found when comparing the western and eastern quarters of the district. The western part is known for concrete slab constructions, whereas the east is characterized by historic buildings of the Wilhelminian time. Apartments in the stalinistic buildings at Karl-Marx-Allee and Frankfurter Allee are highly demanded not only thanks to the central location. The apartments in the huge condos have practicable cuts, an easy access to the public transportation system (BVG), many restaurant and cafés all around and a growing new and young community.

The Boxhagener neighborhood, which is right in the middle of Revaler Straße, Warschauer Straße and Frankfurter Allee, is quite popular among New-Berliners, students and career starters. Many bars, pubs, restaurants and clubs around Simon-Dach-Straße are tempting for locals and tourists. Also very popular: Samariterviertel and locations along Warschauer Straße. High standard Berlin real estate can be found in the quarter of Stralauer peninsula, which has shown a tremendous growth in the past years. Especially during very cold winter days the frozen bay attracts strollers and ice-skaters.

The history of Oberbaum City, which today is one of Berlin’s most popular business locations, goes all the way back to the 19th century. It started with Berlin’s first water works at Stralauer Tor in 1856. The reason why this part of the district is also called “city of lamps” (Lampenstadt) is that the German company Glasglühlicht AG (today: Osram GmbH), which produced light bulbs, bought the area. Today an emblem of the reconstruction of one of the biggest fields of industry is “Narva”, a 63m-high-rise building at Berlin Ostbahnhof. After the German reunification the production of light bulbs by the company stopped. The historical, landmarked buildings have been restored into modern office and industrial real estate, which is used by established but also young and creative companies. More than 3.500 people are employed at companies in Oberbaum City.
Oberbaum City is part of the investor’s project “Mediaspree”, which plans hotels as well as office and media buildings alongside the Spree. The project is controversial and therefore highly discussed. Some realized projects by Mediaspree are the Mercedes-Benz-Arena and the German headquarters of Universal Music.

One of Berlin’s most popular and youngest districts

The population of Friedrichshain is at 128.370 (24.500 less than Kreuzberg) with an average age of 33 years, which is 10 years below the average age in Berlin. 64,62% of all households in Friedrichshain are single households, which again indicates the low average age as well as individual ways of living. Creative crowds and the various cultural events are reasons why so many young people are interested in living here. Simon-Dach neighborhood and Warschauer Straße are almost more visited at night than during the day thanks to the many clubs and bars. Friedrichshain is also known for individual stores, cozy cafés, exotic restaurants and startups.

But Friedrichshain has far more to offer than its lively and diverse characteristics. Students who moved here years ago because of low rental prices in the past now are young professionals, moms and dads. Quarters with many children between the age of 0 – 18 years are: Hausburgviertel (20,61%), Stralauer peninsula (20,1%) and Samariterviertel (14,72%).
There is a variety of schools in Friedrichshain:

  • 13 elementary schools
  • 6 integrated secondary schools
  • 5 high schools
  • 2 schools with focus on special needs education

Many options for kids and teenagers are given thanks to Volkspark Friedrichshain (park): from recreation and sports to playgrounds. Many restaurants, cafés and sights such as the famous “Märchenbrunnen” are located at the urban park.

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