Real Estate


1.0Welcome to AppCon AG

Qualified real estate valuation and consulting from a single source: AppCon AG (Appraisal & Consulting) is your reliable and experienced partner for professional, independent valuation as well as individual consulting services regarding all aspects of real estate. Thanks to our specialized know-how and many years of experience, we are proven experts in our field. Combined with holistic digital process optimizations, AppCon AG is a future-oriented real estate valuation and consulting company. From standard residential properties to complex special properties and extensive portfolios – we are happy to support you both nationwide and in neighboring countries.

1.1This is us



AppCon AG specializes in real estate valuation. We are a nationwide association of certified experts and appraisers who focus on what they excel at: sound valuation and consulting for the purchase and sale of real estate portfolios and fund properties.

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1.2Real estate valuation 4.0.

Digital change is reshaping the real estate industry. We are not only experts in the real estate market, but also provide the IT infrastructure for digital processes that enable us to recognize market developments and trends at an early stage, analyze them, and consider them in our qualified consulting. This is how we ensure a well-founded, precise, and transparent assessment of the future.

  • 50,000 euros are the bonus payment provided by the COVID 19 Hospital Relief Act for each newly installed intensive care bed.
  • 7 euros p. a. constitutes the actual investment required by German hospitals for their fixed assets. In 2018, subsidies of approximately €3 billion were distributed under the Hospital Act to cover the costs of fixed assets.
  • 4.25 percent, an increase of 25 basis points on the previous quarter, was the top yield for four- and five-star hotels in Germany's top locations in Q2/3 2020.
  • 8.8 percent occupancy was recorded by Berlin hotels in December 2020 – a decline of 88 percent compared to December 2019 (source: Fairmas).
  • 293,000 apartments were built in Germany in 2019 – an increase of 2.0 percent (5,700 apartments) compared to the previous year (source: Federal Statistical Office).
  • 244.6 billion euros: the construction volume for residential real estate in Germany in 2019 (source: ZIA).
  • 6.2 percent price increase for owner-occupied apartments recorded in German metropolitan areas from 12/2019 to 12/2020 (source: Federal Statistical Office).
  • 6.8 percent price increase for condominiums in sparsely populated rural districts in the same period (source: Federal Statistical Office)

1.3Proficient. Unbiased. Digital.

Our specialists at AppCon AG represent several decades of professional experience in the valuation and consulting sector combined with the latest developments in digitalization in the real estate industry. We are familiar with the market in its various phases – not only in over 15 years of continuous growth, but also in times of recession. We act independent of any interests of active market participants such as banks, brokers, portfolio holders, or project developers. Our focus: reliable, objective real estate valuation and consulting. With our state-of-the-art IT infrastructure and integrated digitalization know-how, we set new standards in efficient processing at maximum quality.


Regularly published news and information on real estate valuation as well as AppCon AG company news:

Downtown rentals affordable for many retailers

Branch closures and shop closures in German city centres were part of the Corona pandemic. The textile sector was particularly affected. Retailers with courage, a good concept and financial strength are currently taking the opportunity to expand or enter the market for the first time and renting into the vacant space. The inner city is only now becoming affordable, the rent burden has fallen noticeably in many cities, a report says.

21.10.21 // News

EEG surcharge falls, but electricity costs do not

The EEG levy, which has been used to finance green electricity for around 20 years, will fall to its lowest level in ten years from January 2022. In the industry, it is expected that the lower levy will stabilise electricity prices overall, but that electricity costs will not fall on balance, as the procurement costs that energy suppliers have to pay for electricity have risen significantly.

1.10.21 // News

Flat rents in the surrounding area rise faster

While rents are rising only slowly in the swarming cities, they are now rising much faster in the surrounding areas – although still not as fast as the purchase prices for owner-occupied flats, as the current real estate price ranking by the economic and social science research and consulting institute Empirica shows. For years, rental prices in the big cities have risen at an above-average rate, but now the surrounding areas are becoming considerably more expensive, according to the analysis.

20.09.21 // News

Price surge for houses and flats

Prices for flats and houses rose by almost 11% in the second quarter of 2021, more than ever before. According to provisional figures from the Federal Statistical Office, buyers in cities and even in sparsely populated rural regions have to pay significantly more than a year ago. There was a particularly strong increase in the seven largest German cities of Berlin, Hamburg, Munich, Cologne, Frankfurt am Main, Stuttgart and Düsseldorf.

1.09.21 // News

RICS survey: Investor sentiment improves

For the first time since the beginning of the pandemic, investors are clearly positive again about the situation on the German commercial property market – despite the continuing slump, as a survey by the Royal Institution of Chartered Surveyors (RICS) shows. Tenants are also more optimistic again. Thus, according to RICS, in contrast to the survey in the first quarter of 2021, the more positive mood is evident on the part of both occupiers and investors.

20.08.21 // News

Are the floods affecting property prices?

Water damage from heavy rain can cause steep discounts in property valuations. Around one million residential properties in value are located in areas where there is an extreme risk, according to a new study. In property valuation, the risk of damage due to elemental influences plays a major role. Among other things, the increasing risk of heavy rain poses a high risk for property owners and users.

5.07.21 // News

Real estate prices continue to rise, albeit at a slower pace

Despite the Corona pandemic, the real estate boom has not abated. Although experts are currently not anticipating a slump in 2021, they predict a lull in the market. Many economists had expected the Corona crisis to bring an end to the years-long real estate boom. But residential property prices continued to rise in 2020 – despite the slump in the German economy. Experts believe that real estate prices will continue to rise in 2021, albeit at a slower rate.

2.02.21 // News

Real estate market trends by 2039

According to experts, cities will have fundamentally changed by 2039: In addition to smart cities and car sharing, one trend is said to be intergenerational living, as in multigenerational homes, people of different ages will be able to support each other. They also expect to see an increase in multi-purpose properties, where people can work, live, socialize, and engage in leisure activities in one location. Furthermore, experts believe that zero-energy buildings, in which as much energy is generated as is consumed, will become standard.

1.01.21 // News

Almost no vacant apartments in cities

A study by Empirica, an analysis firm, and CBRE, a real estate company, shows the urgent need to build new apartments in cities. Connections to the surrounding areas also need to be improved. Whereas countless apartments are vacant in many rural areas, there are virtually no apartment vacancies in many German cities.

22.12.20 // News

New Condominium Act

The Residential Property Modernization Act (WEMoG) of 16.10.2020 is primarily a residential property law (WEG) reform. On December 1, 2020, the amendment of the Condominium Act (WEG) will come into force. In addition to extensive changes, which regulate the coexistence within a community of owners incl. structural changes as well as the role of the property manager, there are also a number of changes regarding valuations and the preparation of appraisals.

1.12.20 // News

1.5How to reach us