Deutsche Wohnen SE

The 2021 Berlin referendum on a resolution to work out a draft for a law to expropriate housing stock of big housing companies, informally referred to as Deutsche Wohnen & Co. enteignen or DW enteignen, the main campaigning claim, was a referendum held and passed in Berlin in 2021. Voters were asked if they approved of the expropriation of the property of private real-estate companies with 3,000 or more units in the city, through public purchases by the Berlin state government. This would affect 243,000 rental apartments out of 1.5 million total apartments in Berlin. The largest such real-estate company is Deutsche Wohnen, for which the initiative is named, followed by Vonovia. In total, the referendum would impact 12 large real-estate companies.