Ina Viebrok-Hörmann Bremerhaven Accessibility of Real Estate Data in Germany Baltic Valuation Conference 2013 Reykjavik, Iceland

Ina Viebrok-Hörmann Bremerhaven Accessibility of Real Estate Data in Germany ● Introduction ● Property Information ● Information non-available Introduction Property Information Official Information Commercial Information Information non-available

Ina Viebrok-Hörmann Bremerhaven Introduction Accessibility of Real Estate Data in Germany ● Introduction ● Property Information ● Information non-available privacy protection highly estimated in Germany admittance to any kind of personal data restricted to authorized persons / institutions report refers to accessibility for free lancer valuers

Ina Viebrok-Hörmann Bremerhaven Property Information Accessibility of Real Estate Data in Germany ● Introduction ● Property Information ● Information non-available information available from official sources and commercial providers compiled data mostly without detailed information on sources, periods of data collection, statistical methods

Ina Viebrok-Hörmann Bremerhaven Property Information – official sources: local administration Accessibility of Real Estate Data in Germany ● Introduction ● Property Information ● Information non-available local admini- stration (building department etc.) public easement natural environment information conta- mination improvement contribution statistical data (inhabitants, eco- nomy, taxes etc.) planning law cadastral data

Ina Viebrok-Hörmann Bremerhaven Property Information – local administration Accessibility of Real Estate Data in Germany ● Introduction ● Property Information ● Information non-available

Ina Viebrok-Hörmann Bremerhaven Property Information – committee of experts Accessibility of Real Estate Data in Germany ● Introduction ● Property Information ● Information non-available collect information on transactions analyse real estate market and publish reports with prices of lots (housing, agriculture etc.) average prices of buildings, divided in segments (private housing tached/ detached, retail and office buildings, apartment houses, condominions etc.) interest rates, yields, correction factors

Ina Viebrok-Hörmann Bremerhaven Property Information – committee of experts Accessibility of Real Estate Data in Germany ● Introduction ● Property Information ● Information non-available

Ina Viebrok-Hörmann Bremerhaven Property Information – committee of experts Accessibility of Real Estate Data in Germany ● Introduction ● Property Information ● Information non-available date of purchase address price year of construction total return square metres price per m² type of building 170 €

Ina Viebrok-Hörmann Bremerhaven Property Information – committee of experts Accessibility of Real Estate Data in Germany ● Introduction ● Property Information ● Information non-available 105 €

Ina Viebrok-Hörmann Bremerhaven Property Information – official information from title registers Accessibility of Real Estate Data in Germany ● Introduction ● Property Information ● Information non-available 22 E. B., geb T. G., geb

Ina Viebrok-Hörmann Bremerhaven Property Information – official information Accessibility of Real Estate Data in Germany ● Introduction ● Property Information ● Information non-available data collected and published by tenant and house owners associations and administrations varying quality actualisation often not regularly

Ina Viebrok-Hörmann Bremerhaven Property Information – commercial information Accessibility of Real Estate Data in Germany ● Introduction ● Property Information ● Information non-available nationally and internationally acting brokers, commercial research agencies, counselling and service agencies, financial institutions, internet portals regional actors like business development agencies from local administrations

Ina Viebrok-Hörmann Bremerhaven Property Information – commercial information Accessibility of Real Estate Data in Germany ● Introduction ● Property Information ● Information non-available limited to main real estate sectors (retail, commercial buildings, apartment buildings) and big location information up-to-date information partly accessible for free detailed information rather expensive only viable for big players, institutional appraisers and investors

Ina Viebrok-Hörmann Bremerhaven Property Information – commercial information Accessibility of Real Estate Data in Germany ● Introduction ● Property Information ● Information non-available

Ina Viebrok-Hörmann Bremerhaven Property Information – commercial information Accessibility of Real Estate Data in Germany ● Introduction ● Property Information ● Information non-available no detailed information on sources quality of data methods of statistical analysis no information for areas of less interest for investors

Ina Viebrok-Hörmann Bremerhaven Property Information – commercial information Accessibility of Real Estate Data in Germany ● Introduction ● Property Information ● Information non-available free information mostly diagrams summaries no specific information useful for a single object

Ina Viebrok-Hörmann Bremerhaven Property Information – commercial information Accessibility of Real Estate Data in Germany ● Introduction ● Property Information ● Information non-available DIX German Real Estate Index

Ina Viebrok-Hörmann Bremerhaven Information non-available Accessibility of Real Estate Data in Germany ● Introduction ● Property Information ● Information non-available internal data (e. g. of financial institutions) detailed information on objects used for statistical analysis standard of facilities and construction modernisation commercial data in areas off interest for investors

Ina Viebrok-Hörmann Bremerhaven Thank you for your attention and also have a look at our website Accessibility of Real Estate Data in Germany ● Introduction ● Property Information ● Information non-available Ina Viebrok-Hörmann Sachverständigenbüro Hörmann Mörkenstraße 18 D Bremerhaven