Real estate prices Munich 2026

Ranges approximately between € 7,340 and € 10,895/m²

Starker Immobilienmarkt München

Munich has grown strongly in recent years. As the third-largest metropolis in Germany, the city of over 1.5 million inhabitants is in high demand as a place to work and live.

At the beginning of 2026, the real estate market in Munich is in a generally stabilized state. Following the significant corrections of previous years and the temporary fall in purchase prices, the market has consolidated noticeably. Current supply data for Munich shows an average value of around €8,165/m² for condominiums in February 2026 and around €9,214/m² for houses. This suggests that the recovery will continue at a high level - without a return to the extreme dynamics of the boom years. At the same time, location, property quality and realistic prices remain decisive for sales success.

Pricing: What is your property in Munich worth?

Anyone selling a property in Munich needs an experienced market professional to determine a fair market price. Now that prices per square meter have risen over a long period of time and the market has developed in a much more differentiated way since 2022, pricing today requires special care.

The experienced real estate consultants at Mr. Lodge develop a sensible, individual sales strategy. When determining the right property price, they also take into account what buyers in Munich can currently afford, the financing situation and the target group in which the property on offer has the best chances of selling. Especially in a market where good properties are still in high demand, but buyers are also more selective, a precise valuation is more important than ever.

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Development of Munich real estate prices

Real estate prices in Munich have been at a very high level for years. If you look at purchase prices for condominiums, there is still a clear upward trend over the long term - despite the correction phase of recent years.

At the beginning of the 2010s, prices per square meter for condominiums in Munich were still at a significantly lower level. In the years up to 2021/2022, there was then - depending on the data basis and segment - a massive price increase to regions of around €9,000 to €9,500/m². This corresponds to a near tripling of prices in many market segments within around ten years.

This steep price increase reached its temporary peak in 2021/2022. After that, prices per square meter in Munich initially fell. In particular, the rise in interest rates, higher financing costs and a change in buyer psychology led to a noticeable price correction in 2022 and especially in 2023. However, stabilization has been observed again since 2024. The more recent data sets show slight increases in asking prices for condominiums again for 2024 and 2025; this trend continues moderately at the beginning of 2026.

Development of asking prices for condominiums in Munich from 2012 to the 1st quarter of 2025 (in euros per square meter)

Kaufpreisentwicklung München Wohnung

Ohne Kapitalanlagen und Neubau

Entwicklung der Angebotspreise (2012–Q1 2025)

Abb. 1: Durchschnittliche Angebotspreise für Eigentumswohnungen in München (Euro pro m²). Seit 2012 sind die Preise stark gestiegen – von rund 4.000 €/m² im Jahr 2012 auf etwa 9.500 €/m² zum Höchststand 2022

Die Grafik verdeutlicht den langfristigen Aufwärtstrend und jüngste Veränderungen. Zwischen 2012 und 2019 legten die durchschnittlichen Angebotspreise Münchner Wohnungen jährlich zweistellig zu. Im 1.Quartal 2013 lag der Quadratmeterpreis bereits bei ca. 5.027 € (+15 % zum Vorjahr). Bis 2015 verdoppelten sich die Preise gegenüber 2010 (+85 % auf ~5.750 €/m²). In den folgenden Jahren setzte sich der Anstieg fort und erreichte Anfang 2022 einen vorläufigen Höhepunkt um ~9.500 €/m². Seitdem kam es infolge gestiegener Zinsen zu einer Preiskorrektur: Bis Ende 2023 sanken die Angebotspreise auf etwa 7.550–7.700 €/m². Aktuell ist jedoch wieder eine Stabilisierung erkennbar – im 1. Quartal 2025 liegt der Durchschnittspreis bei ca. 8.200–8.300 € pro m². Somit stehen die Preise trotz des Rückgangs weiterhin deutlich über dem Niveau von 2012.

Diese Zahlen verdeutlichen die Entwicklung der Angebotspreise für Eigentumswohnungen in München im Zeitraum von 2012 bis 2025. Im 3. Quartal des Jahres 2025 zahlte man beim Kauf einer Eigentumswohnung in München im Durchschnitt etwa 8.476 € pro Quadratmeter Wohnfläche.

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Prices per square meter in Munich: Current development

The prices per square meter in Munich are often used by buyers and owners as a reference value for property valuation. However, the average values from the Munich districts cannot be used to determine with certainty how much a specific property actually costs. This requires the experience of a long-standing market expert like Mr. Lodge, because apartments and houses are very individual and a number of value-determining factors must be taken into account.

Nevertheless, trends can be identified in Munich that influence prices per square meter. Despite the correction phase of recent years, Munich remains one of the most expensive real estate locations in Germany. Current market data - depending on the source and calculation method - continues to show high average or median values for apartments. While listing data portals currently show around €8,165/m² for condominiums and around €9,214/m² for houses, other market models (e.g. median values from large data pools) also show some apartments at around €9,179/m². These differences underline the importance of classifying the data source.

Prices per square meter for buyers in Munich 2026

For potential buyers, the average price per square meter for existing properties in Munich 2026 - depending on location and segment - is often in the range of around €8,000 to €8,500 per m². In sought-after districts such as Altstadt-Lehel, Maxvorstadt and Schwabing, prices in good to very good locations remain significantly higher and can still be well above €10,000/sqm for high-quality properties . Significantly higher values are also possible in top segments. At the same time, lower entry-level prices can still be realized in peripheral districts such as Aubing-Lochhausen-Langwied, Trudering-Riem or parts of Pasing-Umfeld. The range in 2026 will therefore remain wide and highly location-dependent.

For buyers, the market phase after the correction of 2022/2023 continues to offer opportunities. Anyone buying in 2026 will find offers in many places that - depending on the segment and location - are still below the highs of the boom years. At the same time, the negotiating position is not equally strong in every segment: well-designed, energy-efficient and attractively located properties will remain highly competitive. However, those who can secure solid financing and calculate realistically will continue to find interesting entry options on the Munich real estate market in 2026.

Prices per square meter for owners in Munich in 2026

Owners in Munich can continue to benefit from high prices per square meter in 2026. Average prices in central locations will remain at a very attractive level, enabling good sales values in prime locations. In districts such as Laim, Moosach or Sendling, the achievable price depends even more on the micro-location, condition, year of construction, floor plan quality and energy quality of the property - and can vary considerably depending on the property.

For owners, 2026 is an interesting year to examine sales opportunities: The market is no longer characterized by the uncertainty of the strongest correction phase, while at the same time buyers are paying more attention to value for money and property quality. A thorough market analysis is therefore advisable in order to set realistic price targets, activate demand optimally and avoid unnecessary marketing times. Attractive sales results can still be achieved, particularly for high-quality properties or properties that are very easy to let.

Welche Münchner Stadtteile sind am lukrativsten?

Wer in München ein Haus oder eine Wohnung verkaufen möchte, profitiert von der Entwicklung der Münchner Immobilienpreise. Die beliebtesten Stadtteile liegen vor allem rund um den Stadtkern bzw. die Münchner Altstadt. Dort finden sich Ausgehmöglichkeiten jeglicher Couleur und kulinarische Angebote für jeden Geschmack.

Die Stadt München lebt und ist immer nah am Puls der Zeit – das merkt man vor allem in den Vierteln nahe dem historischen Zentrum. Dennoch gibt es auch weitere lukrative Bezirke in und um München. Auch wenn Orte wie Germering, Unterhaching und Unterföhring bei Studenten nicht ganz oben auf der Beliebtheitsskala stehen, wohnen Familien oder ältere Semester gerne in diesen etwas ruhigeren Gefilden im Umland.

Selbstverständlich schlägt sich die Nachfrage auch auf die Quadratmeterpreise nieder: Je beliebter das Viertel, desto höher die Kaufpreise. Da sich Münchner Immobilienpreise seit 1950 auf Rekordniveau bewegen und München diesbezüglich zu den teuersten Städten Deutschlands zählt, sind Immobilien in allen Bezirken stark gefragt.

Geht man nach den Mietpreisen Anfang 2025 für Wohnungen, stehen insbesondere diese fünf Stadtteile an der Spitze: Altstadt-Lehel, Maxvorstadt, Ludwigsvorstadt-Isarvorstadt, Schwabing (mit Schwabing-West) und Au-Haidhausen. In all diesen Bezirken sind pro Quadratmeter Nettokaltmieten von rund 26 bis 27€ einzuplanen.

Mietpreise für Wohnungen in München im Jahr 2024, unterteilt nach Bezirken (in Euro pro Quadratmeter)

Quelle: ChatGPT / Mr. Lodge – Angebotsmieten München nach Bezirken 2025

Abb. 2: Durchschnittliche Wohnungsmieten (Netto-Kalt) nach Münchner Stadtbezirken – Q3 2025 (Euro pro m²).
Die teuersten Stadtteile liegen inzwischen bei 26–27 €/m², während in peripheren Bezirken ca. 20–21 €/m² üblich sind.

Auch die Mietpreise variieren deutlich je nach Lage. Im Stadtmittel beträgt die Angebotsmiete für Wohnungen aktuell rund 20,5 € pro m². Spitzenreiter ist der zentrale Bezirk Altstadt‑Lehel, wo Angebotspreise teils 26–27 € pro m² betragen, gefolgt von Maxvorstadt, Au‑Haidhausen und Schwabing‑West in ähnlichen Preisregionen (je ca. 27–29 €/m²) . Im Gegensatz dazu sind die peripheren Bezirke deutlich günstiger: In Aubing‑Lochhausen‑Langwied liegt die Miete bei etwa 20–21 €/m², ebenso in Allach‑Untermenzing und Feldmoching‑Hasenbergl. Insgesamt zeigt die Mietpreisspanne — von unter 21 € bis über 27 € pro Quadratmeter — die hohe Lageabhängigkeit der Wohnkosten in München.

Quellen: Marktberichte und Preisdaten von Statista, Immowelt/ImmoScout24 und IVD. Alle Werte beziehen sich auf Angebotsdaten (Inseratsdurchschnitt).

As financing costs continue to rise, many prospective property buyers can only afford to buy their own home or condominium to a limited extent. The financial strength of potential buyers has become more selective and therefore the decision-making period has become longer, although the basic demand in Munich remains high. Accordingly, the diligence of a market expert with many years of experience, such as Mr. Lodge, is important for determining a sales price in line with the market.

Generell kosten Immobilien in München pro Quadratmeter aktuell – je nach Lage, Segment und Objektqualität – häufig etwa 7.500 bis 11.500 €. Darüber hinaus gibt es sowohl günstigere Randlagen-/Sonderfälle als auch deutlich teurere Premiumobjekte in Bestlagen. Wer sich heute für einen Kauf in München entscheidet, trifft in vielen Segmenten auf günstigere Preisniveaus als in den absoluten Spitzenjahren vor der Marktkorrektur. Dies gilt jedoch nicht für alle Immobilien: Energetisch sanierte Objekte oder Immobilien mit effizienten, CO₂-armen Heizungssystemen verzeichnen teils geringere Preisnachlässe, da sie besonders gefragt sind. Im bundesweiten Vergleich bleibt München damit auf einem außergewöhnlich hohen Kaufpreisniveau.

Immobilienwert ermitteln

In 2026, the residential real estate market as a whole is in a phase of recovery and reorganization. Compared to the peak phase of market uncertainty, the situation has improved significantly. At the same time, the market picture is more differentiated: supply has increased in some segments, while particularly attractive properties remain scarce and in high demand. Thanks to slightly better planning certainty for financing and a more stable price environment, we expect buyer interest on the Munich market to remain solid in 2026. Furnished apartments and houses remain attractive investment opportunities, especially in sought-after locations. This means that the current situation remains favorable for many property owners who want to sell their property - whether owner-occupied or rented - provided that the pricing approach and marketing strategy are chosen professionally.

Ablauf des Immobilienverkaufs mit Mr. Lodge

Mit Mr. Lodge als Partner an Ihrer Seite steht dem erfolgreichen Verkauf Ihrer Immobilie nichts mehr im Wege. Seit über 30 Jahren sind wir in München und Umland als Makler tätig und kennen den Markt in- und auswendig.

Wenn es um den Verkauf Ihrer Immobilie geht, handeln wir routiniert und professionell. Wir gehen dabei wie folgt vor:

Persönliche Besichtigung: Im ersten Schritt wird die Immobilie von uns besichtigt. Vor Ort gelingt es am besten, die Vorzüge und Schwachstellen einer Immobilie zu analysieren.
Bewertung & Preisfindung: Im nächsten Schritt erfolgt die Immobilienbewertung. Wir ermitteln den erzielbaren Verkaufspreis und besprechen, welche Maßnahmen ergriffen werden könnten, um den Erlös zu steigern. Sie können als Eigentümer ggf. Modernisierungen durchführen, um den Wert Ihrer Immobilie weiter zu steigern. Für eine perfekte Inszenierung bieten wir Ihnen darüber hinaus ein Home Staging an. Hier wird Ihre Immobilie stil- und liebevoll von unserem Interior-Design-Team eingerichtet, damit Interessenten das Potenzial des zukünftigen Eigenheims direkt erleben können. Studien belegen, dass auf diese Weise merklich bessere Verkaufserlöse erzielt werden.
Unterlagen & Vermarktung: Als nächsten Schritt sichten und prüfen wir die zur Verfügung gestellten Unterlagen auf Vollständigkeit. Wir beraten Sie als Eigentümer, welche Dokumente für einen erfolgreichen Verkauf notwendig sind und organisieren diese in Ihrem Namen, falls gewünscht. Unsere Beauftragung gestalten wir transparent, und unsere Bezahlung erfolgt anhand einer leistungsorientierten Provision.
Exposé & Inserate: Für die Erstellung eines Exposés Ihrer Immobilie werden von unserem hauseigenen Fotografenteam ansprechende Bilder und Videos von Ihrer Wohnung oder Ihrem Haus angefertigt. Wir fassen die Kerndaten der Immobilie zusammen und veröffentlichen das Exposé einmal auf unserer Homepage und zusätzlich auf allen relevanten Immobilienportalen. So erreicht Ihr Angebot maximal viele potenzielle Käufer.

Jetzt unverbindlich Ihre Immobilie anbieten – wir beraten Sie gern zu den nächsten Schritten.

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Für die Erstellung eines Exposés Ihrer Immobilie werden von unserem hauseigenen Fotografenteam Bilder und Videos von Ihrer Wohnung oder Ihrem Haus angefertigt und die Kerndaten der Immobilie zusammenfasst. Dieses veröffentlichen wir einmal auf unserer Homepage und einmal auf den allseits bekannten Internetportalen.

Im nächsten Schritt machen wir uns Gedanken über die Adressaten Ihres Verkaufes: Ist es eher das junge Paar mit Kindern, der Student, dessen Eltern sich die Wohnung für ihr Kind leisten oder sind es eher ältere Menschen, die als Kaufinteressent der Immobilie in Frage kommen?

Je nach Zielgruppe überlegen wir uns im Team eine passende Marketingstrategie. Nicht jeder Kanal eignet sich für alle Interessenten. Während junge Leute immer mobil sind und täglich Plattformen wie TikTok oder Instagram nutzen, sieht dies beim älteren Semester ganz anders aus. Immobilieninteressenten eines bestimmten Alters nutzen Immobilienportale oder auch Anzeigen etablierter Printmedien, um das Haus oder die Wohnung Ihrer Träume zu finden. Es gibt zig Möglichkeiten und es gilt, die Potenziale bestmöglich zu nutzen.

Um ideale Interessenten für Ihre Immobilie zu finden, verfassen wir proaktiv Mailings für eine direkte Kundenansprache. Als weitere Kommunikationsmaßnahmen werden Printmedien und Aushänge in unseren Schaufenstern in München und Rottach-Egern genutzt, um Aufmerksamkeit zu generieren. Potenzielle Käufer werden gezielt von uns angesprochen und zusätzliche Interessenten proaktiv gesucht. Für Sie als Verkäufer bedeutet dies, dass Sie fortlaufend über den Stand der Vermarktung informiert werden. Auch der Fortgang der Verhandlungen und die nächsten Schritte im Verkaufsprozess werden mit Ihnen als Eigentümer besprochen und anschließend umgesetzt.

Im Anschluss führen wir mit ernsthaft am Kauf Interessierten mit Ihnen persönlich oder in Ihrem Namen Besichtigungstermine durch. Selbstverständlich werden Mieterinnen und Mieter und auch Sie als Immobilienbesitzer informativ in diesen Prozess eingebunden. Wir arbeiten hier immer Hand in Hand.

Weiterhin sind wir kompetenter Ansprechpartner, wenn es um das Thema Verkaufsverhandlungen und Konditionen geht. Begleitend unterstützen wir potenzielle Käuferinnen und Käufer bei der Aufnahme der Hypothek.

Finanzierungscheck durchführen

Zum Finanzierungsrechner

Zu guter Letzt wird der notarielle Kaufvertrag nach unseren Vorgaben von einem Notar aufgesetzt. Wir besprechen diesen vorab mit Ihnen als Eigentümer und begleiten Sie am Ende auch zum Notartermin, wo der Immobilienverkauf durch die Unterschrift aller Beteiligten besiegelt wird.

Wieso bietet sich beim Immobilienverkauf die Kooperation mit uns an?

Als lokaler Makler sind wir Experten auf dem Münchner Immobilienmarkt. Wir besitzen ein großes Netzwerk und analysieren täglich die Marktentwicklung. Wir wissen, welche Immobilienart und welche Stadtteile gerade gefragt sind und beraten Sie professionell bei der Preisverhandlung mit Kaufinteressenten.

Mit jahrelanger Expertise und einem sehr professionellen wie mehrsprachigen Team verfügen wir über reichhaltige Erfahrung - auch bei internationalen Käufern.

Wir verstehen den Markt und können für Sie den optimalen Verkaufspreis erzielen. Hierbei übernehmen wir alle Aufgaben für Sie, um den Erfolg Ihres Immobilienverkaufs sicherzustellen.

Forecast real estate prices 2027

Property prices in Munich are expected to remain at a high level in 2027. Following the significant correction phase and subsequent stabilization in the years 2024 to 2026, a widespread fall in prices is currently rather unlikely. A differentiated development is more likely: Prices could increase moderately in particularly sought-after locations, while they are more likely to remain stable or fluctuate only slightly in peripheral locations or for less attractive properties.

A continued moderate interest rate level in the area in which financing for owner-occupiers generally remains feasible is unlikely to trigger extreme price momentum, but may support demand. In sought-after districts such as Schwabing, Altstadt-Lehel and Maxvorstadt, this could lead to slight price increases, while in less central locations such as Aubing or parts of Moosach, a sideways movement is more likely. For 2027, many factors point to a stable to slightly positive market trend - provided that the macroeconomic environment remains free of major shocks. This assessment is a continuation of the market recovery observed in 2025/2026 and the moderate upward trend expected nationwide.

Factors influencing price trends in 2027

Moderate interest rates: If financing conditions remain moderate, home ownership will remain affordable for affluent target groups. Major upward jumps in interest rates could dampen demand, while significant interest rate cuts would tend to boost price momentum.
Supply bottlenecks and selective shortages: The housing market in Munich remains structurally tight. Although supply has increased at times in individual segments, high-quality, well-located and energetically attractive properties remain in short supply. This is stabilizing prices, particularly in good and very good locations.
High demand: Munich remains highly sought-after as a business, technology and innovation location. Owner-occupiers and long-term investors in particular are likely to continue to enter the market in 2027, provided the financing and price-performance ratio are right. Demand will therefore remain a key factor supporting price trends.
Energy efficiency and property quality: Energy efficiency, the degree of modernization and operating costs will continue to gain in importance. Properties with a good energy balance and contemporary fixtures and fittings may continue to perform above average in 2027, while properties in need of major refurbishment may experience greater price pressure.

What buyers and owners can expect in 2027

In 2027,buyers will probably still have the opportunity to acquire properties at more rational conditions than in the boom years before 2022. Particularly in less central locations or for properties in need of renovation, there could be more moderate prices and scope for negotiation, which could enable an attractive market entry. In prime locations, on the other hand, potential buyers should continue to expect high competition and stable to slightly rising prices, as sought-after properties will remain in short supply there.

Owners in Munich can expect prices to remain at a high level overall in 2027. In sought-after locations, there is still an opportunity to achieve attractive sales prices. In peripheral districts or for properties in need of modernization, the achievable price is likely to depend more on professional marketing and a realistic pricing strategy. For owners in peripheral locations, an early market analysis can therefore be particularly useful in order to determine the best time to sell and the optimum asking price.

Conclusion: The Munich real estate market is expected to continue its recovery at a high level in 2027. Buyers will benefit from a more predictable market environment than in the boom years, while sellers - especially in prime locations - will still be able to achieve very good prices. However, close monitoring of market trends and professional valuation remain essential in order to operate successfully in this challenging market.

You may also be interested in these topics:

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Real estate foreclosures in Munich
What unmarried couples should pay attention to when buying real estate
Real estate inheritance - how a family conflict became a success story
Property in divorce - when my ex's new husband wants to move in
Make your property fit for the energy transition now

Kontaktieren Sie uns, wir beraten Sie gerne:

Dr. Cornelia Koronakis
Consultant | Real Estate Sales
+49 89 340 823-546
cornelia.koronakis@mrlodge.de

How long have you been in the real estate industry? How did you get into the real estate industry?
I have been working in the real estate industry since 2004. As a lawyer with a doctorate, I worked at the Technical University after my maternity leave, was then responsible for various projects in an advertising agency and then came to the real estate business via a relocation company. Before joining Mr. Lodge, I worked for 13 years as an independent real estate agent for property developers and also brokered individual properties. I've been with Mr. Lodge since 2017 and feel very much at home here.

What do you particularly like about your job?
The variety of properties and the contact with people. Due to the international nature of the company, we also have a lot to do with English-speaking customers, which I like.

What makes Mr. Lodge stand out for you?
The great thing about Mr. Lodge is the whole background with photo & interior design consulting in the team, as well as the collegial and social interaction.

What is your favorite thing to do outside of work?
I have a large garden and a field where I grow fruit and vegetables. So I spend a lot of time gardening and in nature. But I also enjoy doing sport, especially chi gong and belly dancing. Spending time with my family and friends is particularly important to me.

Have you already bought or sold privately?
Yes, I bought my own 5-room apartment that I had been living in. The first sale was my own house, which was my start in real estate sales.

What would your dream property look like?
A little house or an apartment on the water, on a lake or river or preferably by the sea, but perhaps also in the mountains.

Edda Pucher
Consultant | Real Estate Sales
Real Estate Agent (IHK)
+49 89 340 823-544
edda.pucher@mrlodge.de

How long have you been in the real estate industry?
For 25 years.

What do you particularly like about your job?
The versatility in terms of properties and people.

What makes Mr. Lodge stand out for you?
The all-round carefree package of technical service, photo department, etc. The overall support that Mr. Lodge offers is particularly pleasant for sales.

What is your favorite thing to do outside of work?
Mountain biking in summer, ski touring in winter.

Petra Berger
Branch Manager Rottach-Egern
Real Estate Agent and Valuation (IHK)
+49 8022 981 31-1
petra.berger@mrlodge.de

How long have you been in the real estate industry? How did you get into the real estate industry?
With almost 40 years of experience in the hotel and tourism industry, most recently 15 years at Tegernseer Tal Tourismus GmbH, I have always enjoyed providing guests with a temporary home from home. In recent years, I have also been responsible for the area of relocation management. Potential investors were successfully connected with prospective buyers or operators. So it made sense for me to move into the exciting field of real estate services and train as a real estate agent and IHK appraiser. My role as branch manager for Mr.Lodge in Rottach-Egern has made a professional dream come true for me.

What do you particularly like about Mr. Lodge?
The trusting, free, good, but above all productive working atmosphere, the lived "togetherness and for each other", the open acceptance into an international team and finally the exciting field of activity with new challenges every day.

Have you already bought or sold privately?
Yes, my husband and I privately bought an older 1970s terraced house on Lake Tegernsee, which we renovated and embellished ourselves over many years. Our home has been affectionately christened "Quetschvilla".

How would you describe your private style of living?
I would describe our style of living as "rural - modern - cozy".

What is your favorite thing to do outside of work?
In addition to the many opportunities offered by the Tegernsee vacation region, I have also become passionate about Lake Garda. Here I enjoy Italian life, the delicious Italian specialties, the weekly markets and playing golf in mild temperatures. A good book for relaxation is also never to be despised.

Lisa Hessner
Director Real Estate Rentals
Graduate Real Estate Economist (DIA)
+49 89 340 823-45
lisa.hessner@mrlodge.de

How did you get into the real estate industry?
As a teenager, I wanted to work in the hotel industry and see the world. A few internships later, I wised up and knew that I wasn't suited to it. After six months as an au pair in Paris, I was interested in studying architecture, but quickly realized that I wanted to sit at a desk less and wanted more variety. I finally decided to train as a real estate agent. In 2017, I joined Mr. Lodge and a year later decided to do a part-time training course to become a real estate specialist. Mr. Lodge was very supportive of my decision. I am happy about this decision and enjoy going to work.

What do you particularly like about Mr. Lodge?
The open-mindedness and humanity. I always have the feeling that everyone is respected and welcome at Mr. Lodge. Whether landlord, tenant or employee.

Do you have any hobbies or hidden talents?
I started playing the guitar when I was seven and had lessons for 11 years. I enjoy playing everything from classical to popular. I even used to take part in a few competitions, but haven't had much time for them in recent years.

Which country would you like to travel to?
I would like to travel to La Réunion, a very small French island in the Indian Ocean near Mauritius. I would be particularly interested in the diverse landscape with volcanoes, gorges, forests and the blue sea.

What do you like best about Munich?
Munich is a pleasantly sized city. Not as small as my home town, where you can never leave the house without being recognized, and yet not so big that people behave completely anonymously. Here, even strangers are greeted on the street. I also enjoy the diversity of the different neighborhoods.

Norbert Verbücheln
CEO | Managing Director
+49 89 340 823-16
norbert.verbuecheln@mrlodge.de

How long have you been in the real estate industry?
I have been working in the real estate industry for over 30 years. Initially as a working student. During my studies, I worked in the real estate department of the former DG Bank and for two brokerage firms. My enthusiasm for temporary living led to the founding of Mitwohnzentrale in 1988.

What do you particularly like about Mr. Lodge?
The partnership-based relationship with the employees and the new challenges every day. And the fact that the employees here are very diverse and have different nationalities and international backgrounds.

What makes Mr. Lodge stand out for you?
The focus is on good service and the pleasure of working with people.

What do you particularly like about your job?
The variety of encounters with people from very different backgrounds. Feeling the joy and gratitude of customers when they have found a beautiful home through us.

What profession would you have chosen if you hadn't opted for the real estate industry?
Gardener and landscaper

Have you already bought or sold privately?
Yes, but I tend to keep a low profile. When you're very intensively involved professionally, you're glad to have some distance from the subject.

What would your dream property look like?
A country estate surrounded by fields and meadows

What is your favorite thing to do outside of work?
Reading, cycling, going for a walk

Dietmar Schlüter
Deputy Managing Director Authorized Signatory In-House Counsel
+49 89 340 823-21
dietmar.schlueter@mrlodge.de

How long have you been in the real estate industry? How did you get into the real estate industry?
For over 15 years. At the time, Mr. Lodge was looking for long-term support for expert landlord advice. My legal training, which I had completed in Munich as an assessor, was a very good fit.

What do you particularly like about Mr. Lodge?
The good working atmosphere, the international staff, the combination of practical and legal issues in my daily work and also the proximity to our clients. In addition, I always experience Mr. Lodge as an innovative and at the same time down-to-earth agency; this mixture is exciting. And it's always great to see how young employees grow and develop with their tasks.

What makes Mr. Lodge stand out for you?
Innovation, agility, customer proximity and an international workforce. Mr. Lodge is an authentic and owner-managed company in the best sense of the word, with a high-level corporate culture.

What do you particularly like about your job?
Finding solutions to our customers' questions. And of course the properties themselves: Dealing with floor plans and questions about the optimal use of a property are always exciting.

What would your dream property look like?
Where I live, I've done well: very nice neighbors and beautiful gardens all around. The mountains and the sea could be a bit closer.

What is your favorite thing to do outside of work?
Reading, hiking, meeting friends and family. And listening to good music.