At the closed meeting in Meseberg, the large traffic light coalition focused on the so-called Growth Opportunities Act agreed. It is expected to be approved by the federal cabinet next Wednesday. Part of the law is special depreciation for new residential buildings. This affects all construction projects from October 1st of this year and also the purchase of new buildings. For buildings that are under construction, the building must be purchased by the end of the year of completion. Investment costs can be depreciated at 6% over a period of 6 years, with no upper limit on construction costs and from efficiency standard 55. The measure is limited to September 30, 2029.

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