German Commercial Real Estate Market Set to Make Massive Turnover

The German commercial real estate market is set to make a total turnover of €30bn in 2013, significantly surpassing the 2012 turnover of approximately €25.3bn.

German Commercial Real Estate Market Set to Make Massive Turnover

British property consultancy Savills has forecasted the turnover as a result of the large transaction volume which is expected in the second half of 2013, with anticipated increase in activity in the Berlin market and a number of active major deals in the pipeline.

€12.5bn was invested into commercial property in Germany during the first half of 2013, a 36% year-on-year rise and representative of the largest amount invested in a half-year since H1 2008.

Developers sold €2.3bn worth of properties, three times the total of the first six months of 2012, highlighting the strong demand from investors for rental stock and from families for housing stock, while private investors and property companies each accounted for €1.3 billion of the investment in the first half of 2013.


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