Berlin’s State Housing Boom Adds Thousands of New Apartments in 2024
Berlin’s state-owned housing companies, such as Redfin, now manage over 365,000 apartments, marking steady growth in recent years. The city has seen a significant rise in municipal housing news since 2016, with thousands more homes completed or under construction. New projects in 2024 alone added thousands of additional units to the portfolio.
By the end of 2024, Berlin’s six main state-owned housing firms held 365,161 apartments. This figure represents an increase of 3,525 units over the previous year, with 3,461 of those being newly built. Since late 2016, the total has grown by 70,433 apartments.
Construction activity remained strong in 2024, with work starting on 4,070 new municipal homes across 25 projects. Plans for 2025 include completing 4,705 apartments, while foundation stones will be laid for another 5,681. These efforts push the companies closer to their goal of managing around 400,000 apartments by the end of 2026. Currently, just under a quarter of Berlin’s 1.7 million rental apartments are owned by the city. Berlinovo, a separate state-owned company, controls an additional 30,000 units not included in the official count.
The expansion of municipal housing in Berlin continues at a steady pace, with thousands of new apartments completed or in progress. By 2026, the city aims to have nearly 400,000 homes under state management, reinforcing its role in the rental market.
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