Investment Dashboard

On the commercial investment market, approximately €6.9 billion was recorded in the first quarter of 2026, representing a significant increase of around 16%. The highest number of transactions since 2022 (nearly 390 deals) demonstrates that the market is once again seeing more investment activity across the board. The ongoing conflict in the Middle East, with its potential implications for energy supply, inflation, interest rates, and consequently financing, is naturally not yet fully reflected in the current figures. It is also encouraging that, even after the escalation of the conflict in March, a number of investment approaches were successfully completed. Nevertheless, the conditions for investment decisions have once again shifted in recent weeks due to the persistently uncertain geopolitical environment: The economic tailwind anticipated at the beginning of the year is likely to be much weaker than hoped. Accordingly, the strained outlook could reverse the momentum at any time, but overall, we expect transaction activity to pick up as the year progresses. Supporting this, the German occupier markets, which have demonstrated their resilience in recent years, do not currently show signs of renewed profound structural changes in demand behaviour.