Berlin - in demand like never before
Berlin has plenty to offer, as not just the locals know. After all, the city is known for its rich architectural spectrum, its vibrant night-life action and its diverse lifestyle options. Roughly 12 million visitors annually confirm Berlin’s appeal.
There is an established, active cultural scene whose choices include a plethora of galleries, cinemas, theatres and concert halls. A number of festivals large and small throughout the year ensure that the public realm never slows down. Moreover, the city is home to three UNESCO World Heritage sites, around 180 museums and three opera houses. This makes Berlin Germany’s first city in every cultural segment.
Each of the twelve boroughs has its distinct charm, the spectrum extending from the classic mansion district of Zehlendorf all the way to the prefab tower blocks at the eastern edge of town. Contrast has a programmatic touch to it in Berlin. The specificities of each borough are easy to identify: Mitte boasts a large number of classic museums and theatres as well as two opera houses. But the night-life takes place east of it, in Friedrichshain-Kreuzberg or in the lively bar scene of Neukölln.
The northern part of the borough offers a great amalgam of casual night-life action and cultural variety. Start-up companies from all over the world are increasingly relocating to Berlin, and these favour the neighbouring districts of Kreuzberg and Neukölln, effectively breathing new life into the traditional market with their forward-looking ideas.
Berlin as Business Location
Due to the sheer diversity of job opportunities, the city is attracting students and young talent above all. Five universities, seven universities of applied sciences and 26 private higher education institutions add up to an enrolment total of over 180,000 students who benefit from optimal conditions for training, networking and transferring know-how. Apart from delivering exciting research findings, scholars form start-up businesses that boost the sustainable growth of the city as a whole.
For years, Berlin has registered a steady growth in employment figures and, inversely, a declining unemployment rate. But while the city is therefore considered the country’s epicentre of start-up businesses, its established long-term companies are thriving as well. The municipal transport services, for instance, have around 13,300 people on their payroll, the Charité hospital group nearly 17,000 people.
At the same time, Berlin takes pride in being a green metropolis, and literally so: Nearly 32 percent of its total area is covered by green spaces and woodlands. Roughly 2,500 parks provide breathing space for locals and visitors. You may even create your very own park at one of the 915 allotment colonies around town. Also qualifying as parks of sorts are the city’s two zoos, one in East- and one in West-Berlin. Among the outdoor attractions are not least the many waterways in the city, crossed by 540 bridges, more than Venice has. Strings of lakes here and there, many of them within easy reach of the inner city, lend themselves to summertime frolics and extended walks along the promenades.
Considering all the advantages mentioned here and the ones left out, it comes as no surprise that the city is booming thanks to a steady stream of incoming migration. Arrivals from inside and outside Germany make it reasonable to expect the city’s population to reach the mark of four million by 2035. New arrivals influence the cityscape with their fresh ideas, ambitious business ventures and cultural differences.
For the same reason, Berlin’s condominium market has been rather busy. Indeed, it was the fastest-selling market in Germany in 2017. Berlin, in short, is facing an auspicious and exciting future.