THE CAPITAL IS UNSTOPPABLE
With a transaction volume of 2.63 billion €, not only was the previous year's already very good result more than doubled, but a new record was also set. The capital continues to be at the top of the shopping list with both German and international investors. As soon as there is a sufficient supply of attractive properties on the market, this will be absorbed. It is therefore not surprising that Berlin has by far taken the lead among all major German investment locations. Above all, it is remarkable that this top result is almost exclusively attributable to individual deals, which are responsible for 96 % of turnover. Portfolio transactions included on a pro rata basis do not even amount to 100 million € and have hardly played a role to date. In the first quarter already seven transactions in the three-digit million range were reported, more than in any other city. The most important deals include the sale of the Oberbaumcity, the Pressehaus on Alexanderplatz as well as the Spreeturm and Zoom transactions both brokered by BNP Paribas Real Estate. The sale of the Zoom in particular underlines that top retail properties with the right concept and in the right location continue to meet with great investor interest.
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