BERLIN: Techies tapping away on laptops in an urban-chic brick building that once overlooked the Berlin Wall are proving a bigger lure for real estate investors than London bankers fleeing Brexit.
Young creatives like those at the Factory – a working space for staff from ride-hailing provider Uber Technologies Inc, audio-sharing platform SoundCloud Ltd and customer-service software firm Zendesk Inc – are vying with bureaucrats and lobbyists for offices in the German capital. With vacancy rates almost non-existent, Berlin has surpassed Frankfurt as the country’s hottest market.