Residential Dashboards

Key Takeaways

Residential transaction volume posted €2.0bn in Q1 2026

• The German residential investment market made a solid start to 2026. In the first three months of the year, almost €2.0 bn was invested in larger residential portfolios of 30 residential units or more. However, the improvement in investor sentiment observed over several quarters has not yet been reflected in a noticeable recovery in transaction volumes.
• Compared with the strong first quarter of the previous year, residential investment volume declined by 22 %. That prior-year result was driven by several large-scale portfolio transactions, whereas the current quarter saw a noticeably higher number of transactions. In particular, there was a lack of large, nationwide portfolio deals.
• Despite an expected but delayed recovery in construction activity, the new-build gap persists in the face of rising population figures and structurally high demand. Upward pressure on rents therefore continues, especially in the new-build segment. Limited supply meets robust demand and stable demographic trends. In this environment, high-quality residential rental investments offer reliable, predictable cash flows, underlining the attractiveness of the segment for investors.