I recently returned from Berlin, where I took some of SA’s top property financiers to explore why Germany’s capital city has become the most profitable residential property market in the world. From tech entrepreneurs to small business owners, it became apparent that Berlin’s economic revival is due largely to its ability to attract skilled entrepreneurs, freelancers and software developers from across the globe. Investors we met recalled that as recently as a decade ago, Berlin was not viewed as a desirable city in which to live because it lacked industry as a result of it being destroyed during World War 2 and then divided between East and West during the Cold War. We met brilliant immigrants throughout the week, such as a Canadian ex-McKinsey consultant building a blockchain-based real estate trading platform, a Spaniard revolutionising the green energy sector and two Israelis who founded a deep-tech venture capital fund. They came to Berlin due to its affordable, high-quality li...

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