Investitionsschutzgesetz: Dobrindt will „willkürliche“ Vergesellschaftungen verhindern

Berlin – Bundesinnenminister Alexander Dobrindt plans to make joint ownership of properties, such as the one the left-wing coalition in Berlin intends to pursue, significantly more challenging by imposing high hurdles. "In an Investment Protection Act, we will clearly demonstrate that arbitrary leftist property joint ownership fetish is incompatible with the Basic Law," the CSU politician told the Bild newspaper.

His ministry confirmed to the Deutsche Presse-Agentur the initial details of the proposed law for the first time. Previously, the Bild reported on the matter. Under the plan, property joint ownership would only be possible for, say, rental apartments if a compelling necessity was proven. A state government would then have to demonstrate that it had fully utilized all other means, such as investments in and promotion of housing construction, and had no other option left.

If expropriation were to occur, compensation must be "immediately in money" and primarily at the market value, as determined by an expert appraisal. This measure is expected to significantly hinder plans by left-wing, Green, and Social Democratic parties to acquire large private housing portfolios in Berlin, with estimated compensation costs of 16 billion euros, which would likely fall short of the property's market value.