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Wednesday, 27-Nov-2013 00:52 Email | Share | Bookmark
Berlin To Crack Down On Vacation Apartment Rentals

Audiences marvelled at masterpieces by filmmakers such as the Austrian Fritz Lang, who was behind the 1927 expressionist science fiction film "Metropolis" or his drama thriller from 1931, "M". But in November 1943 the building was destroyed in an Allied bombing raid and in 1955 its ruins were razed to the ground to make way for the Zoo Palast, with its bold, angular architecture. "We have kept everything we could (of the historic building) in order to maintain the traditions and the soul of the Zoo Palast," said Hans-Joachim Flebbe, who operates the cinema and has spent 5.5 million euros ($7.4 million) on the three-year restoration. View gallery." Movie theater No. 1, pictured at the recently refurbished cinema Zoo Palast in Berlin,on November 2 Flebbe, 62, who has worked in cinemas for four decades, said he wanted to combine comfort with the Zoo Palast's original chic and glamour for an experience that would draw those disillusioned by the modern movie-going experience back to the big screen. "Our goal is not to take the audience away from the multiplexes. <br>More:

The purchase of this portfolio has brought BUWOGs Berlin apartment holdings to 5,447 units and is in line with the companys acquisition strategy, which aims to create and grow a strong portfolio in northern Germany. Berlin is still one of Germanys most favorably priced large cities for rents and freehold flat prices, said Daniel Riedl, CEO of BUWOG & COO of parent company IMMOFINANZ Group. A process of catch-up has been underway for several years, however. The residential package just acquired will bring good long-term returns; the vacancy rate is low. BUWOG has aggressively increased its German apartment portfolio throughout 2013, acquiring a total of 6,073 apartments in six transactions, of which two portfolios in Kassel, one of the transactions taking place in early November. The transaction saw BUWOG acquire 315 apartments for $12.13 million (9.01 million) from Franconia Invest and CitCor Kassel. Further acquisitions include 885 units in Luneburg and Syke, a 582-apartment portfolio in Kiel and two separate acquisitions in Berlin, totaling 3,101 units. BUWOG currently holds 8,430 units in Germany and 27,100 units in Austria. <br>More:

So when TechCrunch TV was in Berlin recently to cover the Disrupt Europe conference main page , we made sure to stop by SoundCloud's office to check it out for ourselves. SoundCloud has grown significantly since its debut in 2007, and now its service boasts more than 250 million active listeners around the world. Its staff has grown quite a bit too, as you'll see by the density at its current headquarters (the company, which has satellite offices in San Francisco, New York, London, and Bulgaria, is set to move to a new larger Berlin office next year.) For now, though, the close quarters make for an exciting collaborative vibe - and being that most SoundCloud staffers are music buffs or musicians themselves, there's a lot of creativity in the air in addition to the tech. Check out the video embedded above to see the artwork, musical instruments, and bottles of Club-Mate that keep SoundCloud HQ buzzing every day. You'll also get a look at what it's like to get a German lesson from the full-time language teacher on SoundCloud's staff - in all, I'd say it was a sehr gut visit. Founded October 2008 Total Funding 62.5M Overview SoundCloud is the worlds leading social sound platform where anyone can create sounds and share them everywhere. Recording and uploading sounds to SoundCloud lets people easily share them privately with their friends or publicly to blogs, sites and social networks. <br>More:

U.S. officials speaking on condition of anonymity have told Reuters that Washington may be ready to agree to some kind of pledge -- either public or private -- not to engage in industrial or commercial espionage against German targets. But German demands for a more comprehensive "no spy deal" are unlikely to be met. In private, German officials have expressed frustration that President Barack Obama has not been more forthcoming in his public statements about the spying allegations since German magazine Der Spiegel reported on October 23 that Merkel's phone had been tapped. The report was based on information leaked by fugitive former U.S. intelligence contractor Edward Snowden. <br>More:

Uber provides its limousine service in 54 cities across 21 countries. Ubers so-called International Launcher Patrick Studener is now in Berlin looking for a new management team, with the help of Benedetta Arese Lucini the services European head. A couple of days ago, all drivers were notified that the company had parted with its management team. When we asked why Uber is no longer working with its former team, Studener referenced the nature of the fast-paced startup industry: Berlin is one of our oldest Uber cities, which will always exist, Studener said. The company website already has a job posting seeking a new general manager for Berlin. <br>More:

World Digest: Nov. 25, 2013 China-Japan airspace dispute escalates; Egypts premier expects vote on new constitution in January. The move could affect an estimated 15,000 apartments in Berlin that are currently being rented to tourists and other short-term visitors. Center-left lawmaker Iris Spranger says there would be a two-year transition period to help businesses that have specialized in such rentals. Online apartment booking sites such as have protested the plan. The site claims visitors who book through its system contribute 100 million euros ($135 million) to the citys economy each year. <br>More:

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