1. Ina Viebrok-Hörmann Bremerhaven www.sv-hoermann.de1 Accessibility of Real Estate Data in Germany Baltic Valuation Conference 2013 Reykjavik, Iceland

2. Ina Viebrok-Hörmann Bremerhaven www.sv-hoermann.de2 Accessibility of Real Estate Data in Germany ● Introduction ● Property Information ● Information non-available Introduction Property Information Official Information Commercial Information Information non-available

3. Ina Viebrok-Hörmann Bremerhaven www.sv-hoermann.de3 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

4. Ina Viebrok-Hörmann Bremerhaven www.sv-hoermann.de4 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

5. Ina Viebrok-Hörmann Bremerhaven www.sv-hoermann.de5 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

6. Ina Viebrok-Hörmann Bremerhaven www.sv-hoermann.de6 Property Information – local administration Accessibility of Real Estate Data in Germany ● Introduction ● Property Information ● Information non-available

7. Ina Viebrok-Hörmann Bremerhaven www.sv-hoermann.de7 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

8. Ina Viebrok-Hörmann Bremerhaven www.sv-hoermann.de8 Property Information – committee of experts Accessibility of Real Estate Data in Germany ● Introduction ● Property Information ● Information non-available

9. Ina Viebrok-Hörmann Bremerhaven www.sv-hoermann.de9 Property Information – committee of experts Accessibility of Real Estate Data in Germany ● Introduction ● Property Information ● Information non-available 567 888 999 date of purchase address price year of construction total return square metres price per m² type of building 170 €

10. Ina Viebrok-Hörmann Bremerhaven www.sv-hoermann.de10 Property Information – committee of experts Accessibility of Real Estate Data in Germany ● Introduction ● Property Information ● Information non-available 105 €

11. Ina Viebrok-Hörmann Bremerhaven www.sv-hoermann.de11 Property Information – official information from title registers Accessibility of Real Estate Data in Germany ● Introduction ● Property Information ● Information non-available 22 E. B., geb. 24. 12. 1940 T. G., geb. 31. 1. 1970 2228

12. Ina Viebrok-Hörmann Bremerhaven www.sv-hoermann.de12 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

13. Ina Viebrok-Hörmann Bremerhaven www.sv-hoermann.de13 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

14. Ina Viebrok-Hörmann Bremerhaven www.sv-hoermann.de14 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

15. Ina Viebrok-Hörmann Bremerhaven www.sv-hoermann.de15 Property Information – commercial information Accessibility of Real Estate Data in Germany ● Introduction ● Property Information ● Information non-available

16. Ina Viebrok-Hörmann Bremerhaven www.sv-hoermann.de16 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

17. Ina Viebrok-Hörmann Bremerhaven www.sv-hoermann.de17 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

18. Ina Viebrok-Hörmann Bremerhaven www.sv-hoermann.de18 Property Information – commercial information Accessibility of Real Estate Data in Germany ● Introduction ● Property Information ● Information non-available DIX German Real Estate Index

19. Ina Viebrok-Hörmann Bremerhaven www.sv-hoermann.de19 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

20. Ina Viebrok-Hörmann Bremerhaven www.sv-hoermann.de20 Thank you for your attention and also have a look at our website www.baltic-valuation-conference.org Accessibility of Real Estate Data in Germany ● Introduction ● Property Information ● Information non-available Ina Viebrok-Hörmann Sachverständigenbüro Hörmann Mörkenstraße 18 D 27572 Bremerhaven info@sv-hoermann.de