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Berlin tackles rent inflation with practical action

February 21, 2026 • 12:00 AM

The state of Berlin has bought back almost 6000 apartments from a real estate company. The municipal company Gewobag will takes over the running. These are former social housing stocks of the GSW company, which now belongs to the Deutsche Wohnen Group, said Berlin's city development senator Katrin Lompscher. The purchase price of the apartments and approx. 70 commercial units in two large contiguous neighborhoods in Berlin-Spandau and Berlin-Reinickendorf, amount to around 920 million...