Rising rents, changing demands on living space, and the future of city centers are key topics currently occupying the real estate industry in the Nuremberg metropolitan region.
At the immobilienmanager Round Table for the Nuremberg Metropolitan Region on June 9, 2026, company founder Michael Peter exchanged views with representatives from the regional real estate and financial sectors about the current situation in Nuremberg, Fürth, and Erlangen. The discussions centered, among other things, on the demand for compact housing, the development of city centers, and cooperation between the real estate industry and local municipalities.
Affordability Drives Demand
For Michael Peter, affordability is the central issue in today's housing market. With annual rent increases of six to eight percent in the region, the demand for compact living spaces is correspondingly high.
"Efficient one- and two-room apartments measuring 38 to 40 square meters hit the exact nerve of our time – both in sales and rentals," said Michael Peter.
However, the size of an apartment alone is not the deciding factor. Equally important is a floor plan that makes sensible use of the available space and fits the financial capabilities of future residents.
Fürth as a Reliable Real Estate Location
In addition to the housing market, the round table also addressed cooperation with cities and municipalities.
Michael Peter described Fürth as a stable location. The real estate sector is heard by city leadership and the responsible authorities there, and the general atmosphere is investor-friendly and solution-oriented.
Particularly for challenging projects, he considers a close and pragmatic exchange between the business sector and the municipality to be essential. This is the only way projects can be successfully implemented, even under difficult market conditions.
FLAiR Fürth as a "Vibrant Center within the Center"
Another topic was the development of downtown areas. As an example, Michael Peter highlighted FLAiR Fürth, which today combines a variety of offerings at a central location.
In addition to shopping, entertainment, and dining, the utilization concept of FLAiR Fürth includes an integrated school and 60 serviced apartments.
The management is handled by the P&P Group itself. This allows the company to react to market changes and adapt spaces when the needs of individual sectors shift.
This mix of uses demonstrates how inner-city properties can be adapted to new demands. Retail and gastronomy remain vital components but are supplemented by additional services.
A Shared View of the Metropolitan Region
The exchange clearly demonstrated that the housing market, inner-city development, and municipal frameworks are closely intertwined. Which solutions work at a specific location always depends on the concrete demand and local conditions. The round table thus offered a great opportunity to bring together diverse experiences and view current developments in Nuremberg, Fürth, and Erlangen from multiple perspectives.
Those who would like to learn more and read the full article can do so in the current issue of immobilienmanager. Further interesting information and background details on the topic can be found there:
