THE BRAKES ARE RELEASED, THE DYNAMICS IS BACK
Investment activity on the Berlin market picked up considerably in the third quarter. The perceived standstill from the previous quarter has been overcome, and market participants are once again operating at accelerated speed. Transactions that were temporarily put on hold in the second quarter were often successfully concluded in the summer months. An investment volume of € 1.5 billion is recorded for the third quarter, representing an increase of 156% over the previous quarter. A total of around € 5.4 billion had been invested by the end of September 2020. The capital city thus leads the field of top German locations by a wide margin. It is obvious that the record result of the previous year was missed (-40 %), but in a long-term comparison, the current volume is quite respectable. It is the third highest Q3 result in the past 10 years while the ten-year average is exceeded by an impressive 28 %.
Read the full report by downloading the PDF document.