Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting to read:%0A%0A {0} %0A%0A {1} Share on Xing


Internationally-active property consultancy company Cushman & Wakefield is today presenting the results of its most recent study, “Microapartments – The Next Big Thing in Property”. What the Cushman & Wakefield research shows is the extent of the trend towards new microliving concepts, revealing how this is primarily a result of the lack of available housing in urban centres and changing ideals in terms of contemporary living. The report examines this fast-growing market segment from both a commercial and legal perspective, highlighting the opportunities and risks inherent as well as the role this asset class plays in the wider German property market.

Seen as a future trend in urban living, microapartments are currently experiencing a rapid surge. As an asset class, its roots are in long-established market segments such as student halls of residence and short-term lettings, but what is characteristic for the new generation of purpose-built microliving spaces is floor-space of between 20m² and 35m² (including bathroom and kitchenette) and locations primarily in urban centres or university towns with good public transport connections. Rents are generally inclusive of all charges and bills (including internet access), furnishings, and, frequently, bedclothes. “The concept is very clear,” say the authors of the study Andreas Polter, Head of Residential Portfolio Investment, and Simon Jeschioro, Head of Investment Advisory at Cushman & Wakefield: “Move in, unpack your suitcase, and start living.”

Microapartments are attractive to students and young professionals

It is most often students and millennials who opt for microapartments, but young professionals and long-distance commuters are increasingly seeing the segment as an alternative to dysfunctional urban property markets sorely lacking in bedsit and one-bedroom-flats. “In order to meet the demands of what are referred to as ‘digital natives’”, adds Andreas Polter, “operators are continually adapting their concepts. One provider in Berlin has installed beehives on the roof so that residents can go up and watch a beekeeper at work harvesting honey, while in Cologne,” he continues, “there is a co-living building with chicken coops on the grounds. Residents can even adopt one of the hens.” Community spaces and event kitchens are another way of encouraging people living in microapartments to meet each other, and it is this sense of community – as well as an increasing focus on sustainability – whose importance is growing across all segments, including business travellers and holidaymakers, who are increasingly booking microapartments for their stays away from home.

Microapartments are growing fast

In 2018, the property experts at Cushman & Wakefield registered around 1.5 billion Euros of transactions in the microapartment segment; compared to the 810 million Euros they tracked in the previous year, this represents an 85% increase. A particularly large number of new microapartments came onto the market in or around Berlin, Hamburg, and Frankfurt am Main. “After the United Kingdom, Germany is the European market with the highest levels of investment in this new form of living,” explains Jeschioro, forecasting continued growth in the years to come. According to the report, Germany’s major urban centres can expect sustained increases in population through until 2030, with Berlin slated to grow by 9%, Hamburg by 5.6%, and Munich by 18.3%; at the same time, the number of single-person households in Germany is set to climb to 44% by 2035 – up from 36% in the year 2000. “The veritable explosion in the price of land and in construction costs is a key challenge,” says Jeschioro, before underlining the responsibility of lawmakers in this issue: “Changes must be made to building regulations so that demand for affordable housing can be serviced.” Jeschioro also sees microapartments playing an important role in housing Germany’s ageing population in the near future: “If issues such as step-free access are taken into account from the start of the planning stage, it is easy to convert microliving spaces to suit other age groups at a later point in time,” he explains.

The study also includes guest contributions by Christina Marx at GSK Stockmann and Dirk Lembke of Upartments Real Estate.


> Download Report


Little White House on the Alster in Hamburg
C&W brokers the sale of the “Little White House on the Alster”

International real estate consultancy Cushman & Wakefield has brokered the sale of the former US consulate in Hamburg, also known as the “Little White House on the Alster”. The seller of the property, the government of the United States of America, was exclusively advised by C&W.

Verena Bauer • 15/02/2024

Skyline Tower Munich
Skyline Tower Munich

The Munich office letting team of international real estate consultancy firm Cushman &  Wakefield has let around 1,000 square metres of office space in Munich’s Skyline Tower building. 

Verena Bauer • 01/02/2024

Rehab Clinics Report
Facts and figures on investment in German rehabilitation clinic real estate

The rehabilitation real estate asset class enjoys great popularity as a component of institutional investors’ portfolios, thanks to stable utilisation rates, secure cash flows via long-term leases, low cost risks and attractive returns.

Verena Bauer • 31/01/2024


City Logistics

European City Logistics Reports

Cities – and city logistics – continue to evolve in the post-pandemic environment. And with them, city logistics real estate strategies are also evolving.
Verena Bauer • 07/02/2024
Mikroapartment Report

Micro living report

The market for micro apartments is becoming increasingly attractive. The segment has developed into an independent asset class. National and international investors are showing interest in this type of  real estate and operator market and are looking to get started. At the same time, the market is still very opaque and, compared to other countries, is very fragmented.
Simon Jeschioro • 14/04/2021
With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on Cookies.
These cookies ensure that our website performs as expected, for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All