THE SUCCESS STORY CONTINUES
The Berlin investment market remains on course for success and continues to be highly popular with investors. At €5.24 billion, the volume surpasses the record of the previous year by a proud 67% and sets a new record. Never before has a comparable turnover been registered in a German city in the first six months. Of the €24.4 billion invested nationwide, roughly every fifth euro was invested in Berlin real estate. In comparison to the major investment locations, the capital thus secures first place far ahead of Frankfurt and Munich, where less than half as much was invested with €2.34 and €2.16 billion respectively. The result was boosted by 16 transactions in the three-digit million range, including the properties Pressehaus am Alex, Zoom and Carré Seestraße brokered by BNP Paribas Real Estate. The contribution of properties from portfolios is also extraordinary, but unusually low: it amounts to just 4%. The outstanding result is therefore based almost exclusively on individual sales.
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