Pursuits
Dresden Takes Berlin’s Spot as Hot German Property Market
Dresden is undergoing a real estate boom. Photographer: Sean Gallup/Getty Images
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Real estate junkies looking for what’s hot in Germany are increasingly eyeing a city in the east that’s become one of the main successes of reunification: Dresden.
“Munich is too expensive, Hamburg is too expensive, Berlin is getting too expensive, so investors are looking for the next best thing, and that’s Dresden,” said Ronald Fiedler, head of the Engel & Voelkers real estate agency in the city.