reberlin

We are looking for an full-time, immediately available
Executive Assistant of Managing Director (m/f).

We are a real estate development company located in Berlin Mitte (Torstrasse 10119). Our mid-sized projects have a focus on architecture, design and energy efficiency. Our small team of dynamic professionals has a high level of self-organisation. The company is involved in a range of different areas of real estate including acquisition of plots and houses, planning, design, sales, marketing and supervision of the projects. This position offers insight and training into these various aspects of property developments. More information about our current projects: www.amlt.de

Responsibilities:

• Plan and organize daily business
• Manage and report key information and documents
• Manage and process e-mail, correspondence and phone calls
• Assist during meetings, prepare meeting minutes
• Edit reports in English and German
• Manage office guests
• Manage contact database (software: highrise)
• Administer project management tool (software: basecamp)
• Plan and send newsletter campaigns (software: mailchimp)

Skills:

• Able to work efficiently and accurately under pressure
• Goal driven
• Able to step back and look at the bigger picture
• Proven team player who possesses curiosity and creativity
• Excellent communication (written and verbal) and interpersonal skills
• Must be flexible and commit the time required to get the job done
• Excellent language skills in both German and English, Italian is a plus
• Excellent computer skills (Excel is a must)

Are you interested? We are looking forward to receiving your application. Please send your application in one document including your CV and covering letter (both in English) and your salary expectation by email to

office at amlt.de
• Principals only. Recruiters, please don’t contact this job poster.
• Please, no phone calls about this job!
• Please do not contact job poster about other services or products.

This is not the trailer for Hollywood’s next big summer blockbuster it’s actually the listing for a $35 million Malibu house.

We just added some posts to our corporate site, which might help you to secure the right deal, and save you time and disappointment:

• How to find and secure an apartment block
• How to recognize a good apartment block
• MLS listing services in Berlin Germany
• How to find relevant news about Berlin real estate market

don’t forget our long-time favourite:

• Why you should not buy a flat in Berlin

I just added the new feature “skills & expertise” to my linked-in profile.

Actually there is an auto-fill in that suggests phrases:

I started with, guess what: “Real Estate”

Then the tool suggested and I choosed:

Real Estate Development, Real Estate Transactions, Commercial Real Estate, Real Estate Advisory Services, Contract Negotiation, Real Estate Due Diligence, Real Estate License.
What is your skill & expertise.

Please see our newest posting from FEBRUARY 24, 2014 as well:
Property investment optimization on corporate and taxation level.

Germany has lowest taxation on commercial rental income, and the reason is quite simple, rental income in Germany is (depending on the structure) exempted from trade tax. Therefore the average tax burden in Germany amounts to “only” 13,7% of gross annual rental income. One has to differ between real estate trader/trading and asset management companies.

Pure management of own real estate assets (“Verwaltung eigenen Vermögens”) is exempted from trade tax because its not seen as a commercial operation (“nicht gewerblich”).

Even real estate trading tax (6,2% on the sales price) is much lower than the international average (9,5%).

So if you plan to invest in an income producing property (to keep it longterm) always found a company (“GmbH” or “GmbH & Co. KG“) and put the property in the company.

If you incorporate a new company then the subject of business should be asset management (“vermögensverwaltend”), don’t forget to tell the authorities (“Gewerbeamt”) that you started a business. If you write “vermögendsverwaltend” into the application, then the authorities will testify you that you are not a commercial entity.

Tip 1: found a company for each property (assuming its not a flat but a full building like a multi-family-home.

Tip 2: don’t register the company new, especially if you are a foreigner, the banks will give you a hard time to get a company bank account and without a bank account you will not be able to legally install a fresh company. The “trick” is to buy an all ready incorporated fresh company (“Vorratsgesellschaft”) from a specialized service-provider (e.g.: VRB Vorratsgesellschaften GmbH in Berlin) .

Please find all contacts to real estate service provider that help our clients and us to structure our deals on our Berlin Real Estate Service Provider PDF. Just drop us a note.

We added the Ernst & Young Real Estate Trendbarometer Germany in German language to our research database.

You can get the report online here, or from our database.

Key Findings for Berlin:

42% of the residential investors put Berlin on their top priority destination,

followed by Hamburg with 24%.

Akelius Germany, subsidy of Akelius Fastigheter AB, the biggest swedish property owner (33.000 units) has acquired an apartment building in Berlin disrict Mitte according to Thomas Daily. The property consist of 117 units on 7,427 sqm of living area. Akelius GmbH currently owns more than 12.000 apartments and is planning to acquire more residential property in Germany. Angermann Investment Adivsory accompanied the transaction.

The research attached has covered Israeli investors who had invested in at least one property overseas during 2011. Which raises the question what type of investors in terms of budget spend have been asked. Its a big difference to ask 100.000 Euro investors who mainly invest in flats or 500.000 Euro investors who typically go for a multifamily residential. However the average expectation of the Israeli investor of at least 7% annual yield seems high if this excludes the capital gains, which typically doesn’t occur annually.

The research findings

The top investment destinations for investment are:

1. New York City, US
2. Berlin, Germany
3. London, UK
4. Barcelona, Spain
5. Various islands, Greece

Berlin is perceived as under priced market, with high yields on rental properties. The robustness of the German economy in the lagging European economic environment was one of the top factor which have affected the choice. Direct flights and positive attitude toward Israelis have also encouraged investors to operate in this market.

New York City led the list due to strong belief that the US market in general and NYC in particular will continue to demonstrate strong demand for rental and commercial properties. The direct flights and lack of language barriers as well as the traditional good relationship between the countries were the top positive factors affected the choice. The multifamily residential market and university expansion, along with the The Technion and Cornell win in building a two-million square-foot applied science and engineering campus on Roosevelt Island, drew positive attitude toward investment in this market.

London is another popular market among the Israeli investors, with direct flights, strong business ties , familiarity with the market trends and the Olympic games were stated as the main reasons.

Barcelona is a relatively new destination for the Israeli real estate investor. The coastal city has become one of the most popular destinations, and has seen record-breaking numbers of incoming tourists from all over the world. Together with the price reductions due to the economic crisis, Barcelona offers great return on investment mainly through short term rentals on small apartments in the city center.

Unlike many European real estate investors, the Israeli investors demonstrate lower interest in purchasing leisure properties, but rather view real estate as a yield baring investment channel. The average expectation of the Israeli investor is at least 7% annual yield.

Residential and commercial properties are considered as the most interesting vertical investment opportunities. Focusing on urban centers is dominant across the board. The Israeli investor believes in cities and its ongoing tourist attraction to lower the perceived risk in investing abroad. With many uncertain factors involved in international investment, the fear of empty properties while maintenance costs continue to take its toll is the top investment barrier.

The research was conducted by TLV Expo, in order to study the motives, preferences and priorities of the Israeli investor when engaging in overseas real estate activities. The research has covered Israeli investors who had invested in at least one property overseas during 2011.

About TLV Expo

TLV Expo, held in Tel Aviv, Israel, is the premier event for international real estate aimed at Israeli investors. The event focuses on networking with the leading Israeli investors, presenting investment opportunities around the globe and delivering valuable content.

Dozens of exhibitors and speakers are taking part in TLV Expo, providing them with smart reach and positioning in front of the Israeli audience. The Israeli investor is very business oriented, making TLV Expo an ideal platform for yield baring offerings in the retail, office and residential properties sectors.

TLV Expo participants are arriving from the various sectors of the real estate industry: corporate and private investors, fund managers, high net-worth individuals, project developers and managers, consultants and agents.

The event is accompanied by a two day conference program covering current trends and shifts in the real estate investment markets, providing added value and thought leadership talks to the audience.

www.tlvexpo.com

Berlin used to have  3 airports, but is now following another strategy. The idea is to bundle all in- and out-bound flights in one location. Therefore the little but super central Inner-City Airport Tempelhof was closed down in 2008. This year (2-3-June of 2012) the second airport which is still really close to the center is Berlin-Tegel will be closed down as well. The third airport is the old GDR airport location, which will be closed as well because the new airport is built just next to the old one (still in use).

Image via Wikipedia

From a transportation point of view its a pitty that they have closed the two airports. From a real estate point of view its at least interesting. After all two huge areas will be available for developments in the near future, both well located. As well as the opportunities at the new central airport Schoenfeld in the south-east of the city.

I am not a commercial developer (just residential) but I’d love to built a “Automotive Center” close to the gate(s). A real playground for all things car in the car lover and car manufactur land Germany.