Regierungsbildung in Berlin: Vonovia: Vergesellschaftung in geplanter Form nicht machbar

In a Berlin government formation scenario involving the Left, Greens and Social Democrats, Vonovia, an investment firm, has expressed its stance against the planned amalgamation of large residential groups in a manner deemed unconstitutional. Despite the resulting finding, the company remains convinced that the proposed consolidation would be unconstitutional and unfeasible.

To address the housing shortage, significant private investments are required, coupled with reliability, legal security and a stable investment environment. In Berlin, Vonovia's average rental price per square meter is 8.26 Euros. The company is also investing in new construction, with approximately 1,000 units currently under construction.

The three parties plan to acquire private residential firms with a stock of over 10,000 apartments in Berlin for compensation, retaining a core stock of 10,000 apartments. In total, 160,000 additional apartments are expected to come under municipal ownership. The proposed legislation aims to be enacted by mid-2028, pending review by the constitutional court.

Disputes over an additional 16 billion Euros in compensation are expected. The compensation figure is considered realistic by the company's officials. The decision of whether to form a coalition with the SPD and Left depends on internal discussions within the parties. The Greens are confident of obtaining a majority in coalition negotiations with the SPD and Left, stating they will campaign for it.

The SPD is still deciding whether to enter coalition talks with the Left and Green parties. The Left will make its decision at a party conference on October 31st, due to Berlin's autumn holidays.