Berlin is planning purchases to expand the municipal housing stock
"Berlin is expanding its municipal housing stock! Senate buys 4,500 apartments from Vonovia to slow rent increases. Find out more at Berlin.de. #Berlin #Wohnungsmarkt #Vonovia"

Berlin is planning purchases to expand the municipal housing stock
Currently, around a fifth of the approximately 1.7 million rental apartments in Berlin are in municipal hands. The acquisition of these additional apartments from Vonovia will further increase the share, which represents a significant step towards improving the housing situation in the capital.
By purchasing the apartments from Vonovia, Berlin plans to protect tenants and ensure long-term affordable housing in the city. This measure underlines the city's efforts to secure housing supplies for its citizens and to promote social mix in the city's districts.
The acquisition of the 4,500 apartments from Vonovia is a significant step for Berlin to implement its strategy of expanding the municipal housing stock. This step demonstrates the city's commitment to a sustainable and fair housing policy in order to effectively meet the challenges of the housing market.