BBI in the news again – From NY Times- Affluent Buyers Seek a Piece of Berlin’s Past

historic german investment apartment

… Darrell Smith, whose company Buy Berlin focuses on helping foreigners find properties in the city, said it had become more difficult to find high-quality historic apartments over the past year because demand had skyrocketed. “Basically, the demand is being driven by more people wanting vacants because they want to take advantage of touristy areas,” he said, noting a move away from the tradition of buying occupied apartments and continuing to collect rent from the existing tenants. (more)